DRIVING SUSTAINABLE VALUE
CREATION
Mitiska REIM is a privately held specialist real estate investment fund manager and advisor headquartered in Brussels, Belgium. We focus exclusively on the niche of convenience real estate in Europe, targeting retail parks, multi-let light industrial, self storage and urban logistics properties.
Our approach is to unlock opportunities and drive sustainable value creation through the execution of risk-mitigated development projects, refurbishment, redevelopment and repositioning of standing assets, and skilled active asset management.
Refurbishment, redevelopment and repositioning of standing assets
Full execution of risk-mitigated development projects
Sustainable approach to create long-term value
Skilled active asset management
Strong equity financing capability
Deal structuring expertise
Exit value creation
STRONG
TRACK RECORD
In 2009, Mitiska REIM was founded by Mitiska as its real estate investment management subsidiary, and an expansion of Mitiska’s real estate activities.
Mitiska has a rich history, spanning nearly 30 years of private equity investments in the retail universe. Founded in 1990 as an investment fund in primarily retail activities, Mitiska has invested in over 30 retailers and conducted successful IPOs of Brantano (1990), Innogenetics (1996) and Retail Estates (1998).
INVESTMENT
FUNDS
Mitiska REIM initiated a first investment fund in 2012, First Retail International (FRI), which closed at €75 million equity.
In September 2016, Mitiska REIM successfully closed a second fund, First Retail International 2 (FRI 2), at €263 million. Both FRI and FRI 2 target grocery-anchored retail parks.
In May 2021, Mitiska REIM closed the Mitiska European Real Estate Partners Light Industrial fund (MEREP LI) with €35 million equity to invest in multi-let light industrial and urban logistics.
Mitiska REIM is currently fundraising for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), with a target of €300m+. This new fund continues our focus on the accelerating opportunity we see in convenience real estate across Europe, targeting grocery-anchored retail parks, multi-let light industrial, self storage and last-mile urban logistics opportunities.
Investors in these funds comprise a high quality and diverse base including pension funds, insurance companies, financial institutions, family offices and high net worth individuals.
Mitiska REIM acts as fund advisor to FRI and FRI 2 and as fund manager to MEREP LI and MEREP 3.
