Mitiska REIM opens new retail park in Romania

Mitiska REIM has announced the opening of a new retail park in the city of Pitesti, Romania, one of four new development projects planned by Mitiska REIM for the Romanian market in the next two years.

The new Pitesti Shopping Park has as its main anchor a Kaufland supermarket of 5,700 square meters and includes 15 commercial units with a total leasable area of 17,285 square meters. The new retail park offers a wide range of national and international brands, including TEDi, Pepco, KiK, the Clever Fit gym, and the first Leroy Merlin store and the first Burger King drive-through in the city.

Developed on behalf of the FRI 2 fund and in partnership with Square 7 Properties, this new project is the first developed by Mitiska REIM in Romania that includes rooftop solar panels. Financing for the development of the retail park was provided by Erste Group AG.