Mitiska REIM

We’d like to thank everyone for your support in making 2024 such a successful year for Mitiska REIM, and wish you a joyful Christmas holiday and a prosperous New Year.

Mitiska REIM has released a virtual property tour of Kolobrzeg retail center, a development which is part of Mitiska REIM’s Polish portfolio on behalf of FRI 2, which opened in November 2022.   Developed in joint venture with local partner Karuzela Holding, this center comprises 40 retail units with a total gross leasable area (GLA) of 19,800 sqm and parking for 1,000 cars. Food-anchored by a Lidl supermarket, other tenants are a mix of national and international brands which include Sinsay, CCC Group, HalfPrice, Reserved, NEW YORKER, Martes Sport Sp. z o.o., Pepco, Media Expert - Terg and KiK Textilien und Non-Food GmbH. Since opening, the asset has performed strongly and will be further strengthened with the opening of a KFC drive-thru next week which will boost additional footfall.   To see more virtual property tours and case studies, please follow this link: https://lnkd.in/dy_-PQt8 #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Savills’ latest European Retail Market Report says that prime retail parks have flourished over the last few years, with the focus on convenience goods and essential product categories continuing to be successful at driving footfall. Occupier demand has also grown, particularly in the area of value-oriented and discount shopping.   In terms of investment, Savills says that retail parks have dominated in the first three quarters of this year due to their resilient fundamentals, representing 28% of total retail investment volumes across Europe. For yields, prime retail parks are leading the recovery, with average yields compressing steadily this year and Savills forecasting this to continue next year.   This latest research is in line with what we at Mitiska REIM are seeing across our European portfolio. Following a strong 2024, we expect the retail park proposition based on convenience, essential shopping and value for money to remain very attractive for investors, retailers and shoppers alike.   To access the full report, please follow this link: https://lnkd.in/dYd3hfsz #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

To support Mitiska REIM’s growing business, we’re looking for a Controlling & Reporting Manager to join our finance team.   Based in Brussels, this role plays a key part in financial controlling and reporting, supporting external decision-making and internal reports for the business. Working closely with our European country teams, internal accountants, external accountants, external partners, auditors, as well as with management, this role will provide critical insights, manage statutory and aggregated financial reporting, and support both Mitiska REIM’s operational and strategic initiatives.   To find out more, please follow this link: https://lnkd.in/eK4im_Jh #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Construction is nearing completion on our latest self storage facility in partnership with STORO, located in West Gate business park in Groot-Bijgaarden on the outskirts of Brussels. Developed by Futurn and opening in January, this project on behalf of the MEREP 3 fund has involved the retrofitting of a former office building to create 7,325 sqm of self storage units spread over 4 floors, offering 700 storage units ranging in size from 1 sqm to 30 sqm. The core building is a great example of one of the investment opportunities we look for, where an out-of-favor asset can be repurposed and retrofitted to create a modern, attractive and sustainable convenience real estate project. As a separate part of the development, Mitiska REIM has acquired the office units on the top floor of the building as its new Brussels HQ from January next year. Storo_extraruimte #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

We’re looking for an Investor Relations and Business Development Associate to join our growing team and support Mitiska REIM’s business growth. Based in Brussels, this role focuses on managing our various investor relations activities, in addition to contributing to strategic initiatives like fund launches and pan-European transactions. It offers a unique opportunity to gain exposure to senior stakeholders, institutional investors, and cross-border real estate projects within an entrepreneurial and dynamic environment. To find out more, please follow this link: https://lnkd.in/eECY5V-v #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

We’re delighted that Tomas Cifra, Mitiska REIM’s Managing Director for Romania, Czech Republic, Slovakia & Bulgaria, has been named among Property Forum’s 100 most influential people in CEE real estate. This recognition is a testament to Mitiska REIM’s successful track record and ongoing investment programs across the region, capitalising on the increasing interest in convenience real estate from both investors and tenants. A big thank you goes out to the entire Mitiska REIM team and our local operating partners in the region, who have been instrumental in working alongside Tomas to realize these successes. To access Property Forum’s full list, please click here: https://lnkd.in/d-GpNrKJ Property Forum Events & News #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Europa Property’s Retail Guide for MAPIC is out, containing a market view from Mitiska REIM’s Managing Partner and Managing Director for Poland, Sylvie Geuten - Carpentier. In the guide, Sylvie says: “As consumers have become progressively time-poor and at the same time value-orientated, their selection of retail channels has been increasingly based on either experience or convenience. “An ongoing trend the pandemic really brought to the fore is that of convenience – as consumers have become more purpose-driven in their shopping they have increasingly been choosing retail parks for their needs-based essential spending. Retail parks sited on easily accessible locations which offer supermarkets for daily groceries in combination with complementary, often value-oriented stores as well as essential services, have remained a strong performing sector of the retail market. “We have continued to see strong tenant demand both in CEE and across our European markets, with retail brands attracted to the convenient locations, affordable buildings, flexible design and sustainable solutions offered by retail parks. The resilience of retail parks has now been proven across a range of economic conditions, and we are seeing significant interest from investors for high-quality retail park assets that have completed our value-add and development programs.” To access the full guide, please follow this link: https://lnkd.in/dU-uiN3F EuropaProperty.com #MAPIC2024 #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Tomas Cifra, Mitiska REIM’s Managing Director for Romania, the Czech Republic, Slovakia and Bulgaria, will chair a panel at next week’s CEE Property Forum in Vienna.   Entitled “All eyes on retail – New strategies bring investors’ return”, this session will focus on the performance of retail as a real estate asset class and explore how new strategies are driving renewed investor interest and returns.    If you’d like to meet up with Tomas at the event, please contact him via LinkedIn. Property Forum Events & News #CEEPropertyForum #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Mitiska REIM has today announced on behalf of the MEREP 3 fund the acquisition of Trefbox Venlo retail convenience center from HighBrook Investors. Acquired in a joint venture partnership with Everglow Real Estate, Mitiska REIM plans to redevelop the center into a modern and sustainable convenience retail hub for the city and wider catchment area. Commenting on the acquisition, Bram Thomas, Mitiska REIM’s Managing Director for Belgium, the Netherlands and France, said: “We see a huge opportunity for Trefbox Venlo due to its strategic location both within the Netherlands and its proximity to the German border. By converting the existing building into a convenient, modern and sustainable retail convenience hub, we believe we can maximise the potential footfall from the more than 1.2 million consumers who live within a 30-minute drive from the center.” To read the full press release, please follow this link: https://lnkd.in/e497jqjK #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg