ARTICLES LABELLED WITH TAG Mitiska REIM

Mitiska REIM, a specialist investor in European retail parks, announced a major new strategic partnership with Karuzela Holding. Under the terms of the agreement, Mitiska REIM and Karuzela will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in 2 retail parks and 2 gallerias owned by Karuzela, with a total gross leasable area (GLA) of 35,600 sqm, and both parties will co-develop 4 additional projects with a total GLA of approximately 60,000 sqm.

Mitiska REIM, in partnership with Squaretime Development, has announced the opening of two new retail park developments in the Romanian cities of Bistrita and Pascani.

Mitiska REIM has announced a further strengthening of its footprint in the Romanian market with the successful acquisition of the Alpha Property Development portfolio. The acquisition of the portfolio consisting of 11 income producing retail parks and 3 development opportunities was made on behalf of Mitiska REIM’s institutional fund, First Retail International 2 (FRI 2).