Mitiska REIM – Our year to date in numbers…

Mitiska REIM – Our year to date in numbers…


Over the past 8 months, we have continued to see a strong performance across our convenience real estate portfolio, which has seen further expansion from retail parks into urban logistics, multi-let light industrial and self storage opportunities.

Here’s our year to date in numbers…

5 new investments

An additional 5  investments have been closed so far this year committing €55 million of equity. These new investments are a mix of value-add projects and new developments, and include 2 new joint ventures with local operating partners in Belgium and Slovakia.


2 development projects completed  

The past 8 months have seen the opening of 2 new developments located in Giurgiu, Romania, and Gembloux, Belgium, representing a total of more than 24,000m2 gross leasable area (GLA).


20 projects under development

At present, we have 20 development or redevelopment projects underway with a total GLA of 360,000m2 scheduled to open in 2023-24, comprising a mix of retail parks, urban logistics, multi-let light industrial and self storage projects.


€168 million capital raised

Despite the tougher economic climate, in July we completed the 3rd closing of our third flagship fund, MEREP 3, increasing the total capital raised to €168 million. By keeping dry powder during volatile times, we continue to see significant opportunities to make off-market acquisitions of both properties and portfolios on attractive terms.


1,100,000m2 gross leasable area 

Over the past decade, Mitiska REIM has invested €1.3 billion in a total of 93 convenience real estate properties with a total GLA of 1,100,000m2 across our 10 European markets of Belgium, The Netherlands, France, Germany, Spain, Portugal, Romania, Poland, Czech Republic and Slovakia.


9 ESG targets defined

As part of our ESG Framework, we have defined 9 specific long and medium-term targets that we want to reach as a team. These are detailed in our latest ESG Report which outlines our ESG strategy and initiatives, and updates on the progress made by the team in 2022.


76% of GLA BREEAM certified

At the end of 2022, 76% of the portfolio’s total GLA had received BREEAM in-use certifications, achieving scores of either “Good”, “Very Good” or “Excellent”. Our target is to have 88% of GLA BREEAM certified by the end of this year.


43 team members

Our team has continued to expand over the past 8 months, and we now have 43 professionals working across investment operations and the investment platform. We are proud to have a 37% female representation within the team, and a total of 8 nationalities speaking 11 different languages.