Who owns the ECE centers?

The ECE centers are managed by ECE, however, they are usually not owned by ECE. In many centers, the Otto family holds minority or majority interests – this is to show cities and investors that they trust in the properties' long-term success. For many centers, however, ECE has investment partners in order to release new financing power for the development of new locations. These investment partners can be institutional investors such as insurances or pension funds, but also open-end public fund. Long-term partner in numerous center projects are, among others, Union Investment, Allianz, Deutsche Euroshop AG or Deutsche Asset Management.