Mitiska REIM acquires 11 Romanian retail parks | RetailDetail

Mitiska REIM acquires 11 Romanian retail parks

Mitiska REIM acquires 11 Romanian retail parks

Mitiska REIM has acquired Romanian Alpha Property Development’s portfolio of eleven profitable retail parks and three development projects. The Belgian real estate firm is now the market leader in Romania.

Market leader in Romania

The current retail park network consists of a range of stores, with always a Lidl and Kaufland present. In total, the parks span 55,000 sqm. “This is a high-quality portfolio: every property is in a prime location, first-class renters, long rental agreements and sustainable rental prices”, CEO Axel Despriet said. “We consider this to be a solid investment in a diversified portfolio, with stable long-term income and the option to create additional value. Our previous collaborations with Alpha Property Management enabled us to build a strong foundation in Romania.”


Mitiska REIM already acquired half of Intercora’s retail parks in January and now owns nineteen local retail parks, spanning 85,000 sqm. It also has four projects in development, which will turn Mitiska into the market leader in the Eastern European country.


The Belgian real estate investor almost exclusively invests in European retail parks. It always looks for parks that include important retail brands and a supermarket to generate additional traffic.

Questions or comments? Please feel free to contact the editors

Gerelateerde items

"Shopping centres of the future will be hyperconnected microcities"


In celebration of the tenth anniversary of its London shopping centre, Westfield has released its strategy 'Destination 2028', containing delivery drones, smart toilets, sensory gardens and silent rooms for contemplation.

Rive Gauche sold to CBRE Global Investors after excellent year


Charleroi’s shopping center Rive Gauche has done very well last year and will now get a new owner. It attracted 650,000 visitors a month last year, becoming the second most popular shopping center in Belgium.

Canadian owner for Dockx Bruxsel shopping center


Canadian investor, Alberta Investment Management Corporation, paid about 300 million euro for Docks Bruxsel, a shopping center in Brussels. Developer Equilis had been looking for a buyer as soon as it completed the project in 2016.

Mitiska Reim acquires third German retail park


Six months after entering the German market, Mitiska Reim is announcing the acquisition of a third German retail park. The Belgian retail investor has partnered with Zamberk Real Estate Ventures to renovate and manage a retail park in Braunschweig.

Extension makes Westfield Europe's largest shopping centre


The Westfield shopping centre in West London is now Europe’s largest, after its 68,748 sqm addition was put to use six months ahead of schedule. The extension cost about 600 million pounds (some 700 million euro).

Amazon targets Toys 'R' Us stores


Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.