Mitiska REIM specialises in retail parks and convenience centres across Western, Central and Eastern Europe. In just 6 years, Mitiska REIM has built on behalf of FRI and FRI 2 a portfolio of 66 properties representing 640,000m² gross leasable area across Belgium, The Netherlands, France, Germany, Spain, Portugal, Romania, Poland, Czech Republic, Slovakia and Serbia.
Retail parks and convenience centres are playing an increasingly important role in the retail landscape, offering an attractive and sustainable investment opportunity, and resilience to the impact of online shopping through their convenient, cheap and comprehensive retail offering.
BENEFITS OF RETAIL PARKS VS
SHOPPING CENTRES AND HIGH STREETS
For shoppers
Convenient and fast
Easy access
Free parking
For retailers
Low rents
Low overheads
High traffic locations
For investors
Low investment per m²
Land value creation
Stable rents
INVESTMENT CRITERIA
Targeting land plots
>10,000m²
Gross leasable area
>3,000m²
Total investment volume per property
€5m – €50m
VALUE ADD
INVESTMENTS
We look for existing income producing properties with strong upside potential such as under-rent situations, where we can add value through refurbishment, re-development, extension and active asset management.
DEVELOPMENT
PROJECTS
We are also active in new developments, where local co-investment partners can leverage our 30 years’ experience in concept definition, design, construction, leasing, bank financing, retailer relationships and exits.
OUR EUROPEAN
MARKETS
Belgium
Netherlands
France
Germany
Spain
Portugal
Romania
Poland
Czech Republic
Slovakia
Serbia
