ARTICLES LABELLED WITH TAG Mitiska REIM

Square 7 Properties has started the construction of a new retail park in Giurgiu, with a gross lettable area of 7,000 sqm. 

Sylvie Geuten-Carpentier, Managing Director Poland and Tomas Cifra, Managing Director Romania, Czech Republic & Slovakia at Mitiska REIM talked to Property Forum about the trends driving the convenience retail market and shared some insight into the company’s investment strategy.

Square 7 Properties, the country partner for Romania of Mitiska REIM, has purchased a land plot of 30,000 sqm in Mediaș for an undisclosed sum. 

Belgian real estate fund manager Mitiska REIM and Polish developer Karuzela Holding have opened a retail park in Puławy following the conversion of a former Tesco hypermarket on the site.

Mitiska REIM, the specialist investor in European convenience real estate, has today announced the opening of a new retail park in the city of Puławy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.

Mitiska REIM has today announced that following the successful completion of its value creation programme, it has completed the sale of Retail Park Młyn in Wroclaw to AB Tewox, an investment company managed by Lords LB Asset Management. The retail park was originally acquired by Mitiska REIM in July 2015 on behalf of the First Retail International fund (FRI).

Property developer Mitiska REIM has opened a new retail park in Baia Mare and inaugurated an extension of another retail project in Mediaș. The development activity was carried out in partnership with Square 7 Properties. 

Developers Square 7 Properties and Mitiska REIM have jointly opened Baia Mare Shopping Park with a commercial space of 17,500 sqm. 

Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG.

Immofinanz is continuing the expansion of its Stop Shop retail park brand, as announced, and has added eight locations to the portfolio shortly before the end of the year. Six fully rented retail parks in Serbia and the Czech Republic with roughly 43,000 sqm were purchased from Mitiska REIM, a Belgian investor specialised in these types of commercial properties. In addition, Immofinanz closed the purchase of a fully rented retail park (approx. 5,500 sqm) in Voitsberg, Austria, during the fourth quarter of 2020. The portfolio in Croatia will be increased by one property in the city of Ludbreg.