Swiss investor Tivona Group Real Estate has awarded the management contract for its Stücki Shopping Center in Basel to Hamburg-based ECE. This is the first management and leasing contract for the German shopping centre group in Switzerland.

Swiss investor Tivona Group Real Estate has awarded the management contract for its Stücki Shopping Center in Basel to Hamburg-based ECE. This is the first management and leasing contract for the German shopping centre group in Switzerland.

Gerd Wilhelmus, managing director of ECE Development: 'We welcome the opportunity to bring the successful concept of ECE shopping centers to the city of Basel for such a strong investor. ECE stands for long-term commitment in the cities and a leasing strategy which guarantees an optimal branch mix.'

Stücki Shopping Center is due to open in September 2009.

ECE Hamburg has been developing, planning, realising, leasing and managing high-end shopping centers since 1965. The company manages more than 100 shopping centers in 14 countries, making ECE the European market leader in the field.