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Arcadis closes contract with Multi Asset Management

Based at Arnhem in Holland, Arcadis, the international consultancy and engineering company, has announced that Arcadis Worldwide Project Consulting has been awarded a framework contract by Multi Asset Management, part of Multi Corporation. Under this contract, Arcadis will be responsible for due diligence and project monitoring services on behalf of investment company Multi Investment. The contract has an expected value of more than € 4 million. Multi is a successful developer of high-quality shopping malls in Europe. Multi Investment holds a selection of Multi projects entirely or partly as long-term investor, building up a diversified pan-European portfolio of first class shopping centers. Multi Asset Management is the retained asset manager of Multi's pan-European real estate portfolio.

For Arcadis, the contract covers activities in seven countries: the Netherlands, Belgium, Germany, the U.K., Czech Republic, Poland and the Ukraine. In 2007, activities will include at least eleven projects in five countries.



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