2011 – to date

Management of retail parks by a joint venture with the Metro Group

Pfalz Center Kaiserslautern (MEC)
Pfalz Center Kaiserslautern (MEC)

In October 2011, ECE entered into a joint venture with Metro Properties, a real estate company of the Metro Group. The thereby founded company "MEC METRO-ECE Centermanagement GmbH & Co. KG" (MEC) based in Düsseldorf, in which both partners hold shares of 50% each, is responsible for the operation, leasing out and marketing of by now 4.3 retail parks in Germany.

Both partners are convinced that the successful asset management of METRO PROPERTIES in connection with ECE's know-how in the field of center management, marketing and leasing is a future-oriented combination. There are many opportunities opening up for the company with respect to further management takeovers and refurbishment projects. The cooperatively managed retail parks include among others the ECE-developed shopping centers Oder-Center in Schwedt and Lausitz-Center in Hoyerswerda.