Germany
Germany
Hauersteig Retail Park
Mitiska REIM acquired Häuersteig Retail Park on behalf of FRI 2 in September 2017. Located 3km from the historic city centre of Freiberg, this retail park is dominant within its wider catchment and consists of multiple units and buildings, with over 25 retailers, comprising a gross leasable area of 37,000m². It has a strong tenant mix including Kaufland, OBI DIY and a Müller drugstore, in addition to a gas station onsite, with parking for 1,500 cars.
Mitiska REIM plans a value-enhancing renovation to reposition the retail park as a more modern and versatile retail destination, including physically upgrading and visually improving both the site and the shopping experience, in addition to optimizing the tenant mix.
KEY
FIGURES
Location
Surface
Transaction type
Investment year
Status
Germany, Freiberg
37000m²
Value added/development – Value added
2017
In portfolio