Milan, June 3rd 2020 – Independent AM company Antirion has appointed Cushman & Wakefield to conduct the property management, leasing/agency, facility management and project management services of the assets owned by Antirion Retail Fund. The Fund includes three shopping malls covering an area of approximately 60,000 square metres: Porte di Mestre (near Venice), Porte dell’Adige (near Bussolengo, Verona) and Appia Antica (near Mesagne, Brindisi).
The appointment was assigned to Cushman & Wakefield following a competitive tender that began in February 2020 and involved seven leading players in the market. The mandate has a duration of two and a half years and will cover more than 250 business assets within the entire portfolio. The shopping malls are experiencing a new positive transition process due to the conversion of formerly Auchan hypermarkets into SpazioConad.
Cushman & Wakefield succeeds Ceetrus, which managed the shopping malls on behalf of Antirion for six years.
“We are very pleased to announce that we have identified a new partner as a result of an extensive, thorough and transparent selection process. We are confident that Cushman & Wakefield will be able to put its great expertise in this field at the service of the Fund, building on the work done by Ceetrus since the establishment of the Fund,” said Ofer Arbib, CEO of Antirion.
“We are very proud to support Antirion enhancing its shopping mall portfolio. Our integrated, cross-functional team offers a new holistic management approach, oriented towards sustainability, which will help the assets to achieve their full potential.
“Today, more than ever, it is essential to understand how spaces work and how trends will impact that space. Adapting to fast-changing consumer behaviours, understanding the need to communicate with the external community and a thorough marketing strategy are all key to successful spaces,” said Joachim Sandberg, Head of Italy and Southern Europe Region for Cushman & Wakefield.
Barabino & Partners