Mitiska REIM, a specialist investor in European convenience real estate, has launched a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by Mitiska in the Romanian market over the next two years.
Developed on behalf of the FRI 2 fund and in partnership with Square 7 Properties, this latest development is the first by Mitiska in Romania to include solar panels on the roof area, which will supply the majority of the center’s electricity requirements, and the first to target an "Outstanding" BREEAM certification. Development finance for the retail park was provided by Erste Group.
The new Pitesti Shopping Park is food-anchored by a 5,000 square meters owneroccupied Kaufland supermarket, and features 15 units with a gross leasable area (GLA) of 17,285 square meters, with parking for 392 cars and 12 EV charging stations. Located on one of the city's main boulevards and close to the A1 motorway, the new retail park offers a range of national and international brands, including TEDi, Pepco, KiK, a Clever Fit gym, and the first Leroy Merlin DIY store and first Burger King drive-through in the city.
Source: propertyeu.info on the 14th of October