Mitiska REIM, a specialist investor in retail and logistics real estate, has successfully secured a €50 million co-investment from the European Bank for Reconstruction and Development (EBRD). This funding, in collaboration with the MEREP 3 value-add fund, will focus on expanding investments in Central Eastern Europe (CEE), a region ripe with opportunities for business development and partner search.
Strategic Investments in the CEE Market
The co-investment aligns with Mitiska REIM’s mission to meet the growing demand for urban infill sites. These projects prioritize:
- Accessible locations for convenience and connectivity.
- Affordable buildings tailored to local market needs.
- Flexible designs that cater to a wide range of end users.
- Sustainable solutions that contribute to environmental goals.
This investment strategy underscores Mitiska’s role as a reliable business partner in Central Europe, catering to the needs of modern urban communities.
Significant Fundraising Milestone
The MEREP 3 fund has already committed €110 million to a portfolio of convenience real estate investments, with a final closing planned for Q1 2025. According to Sylvie Geuten-Carpentier, Managing Partner of Mitiska, the fund is on track to surpass its original €300 million fundraising target:
"We are well on track to exceeding our expectations, demonstrating strong market interest in value-add investments across Central and Eastern Europe."
Proven Expertise in CEE Real Estate
Over the past 12 years, Mitiska REIM has built an impressive portfolio:
- 94 properties spanning 1.2 million sqm gross leasable area.
- Operations across 11 countries, showcasing their deep expertise in business development in Central Eastern Europe.
Mitiska’s track record highlights its ability to identify opportunities, deliver value, and establish lasting partnerships within the CEE market.
EBRD Partnership: Supporting Growth in CEE
The EBRD’s €50 million co-investment reflects its confidence in Mitiska REIM’s ability to drive growth in the region. This collaboration not only accelerates real estate development but also reinforces the CEE region’s position as a hub for innovation, sustainability, and investment.
Why CEE is Key for Real Estate Development
- Strong Demand: The CEE market continues to attract interest from international investors seeking partner search opportunities and regional growth.
- Strategic Location: Central Eastern Europe serves as a gateway between Western Europe and fast-growing markets to the east, offering logistical and economic advantages.
- Sustainability Focus: Increasing demand for green and flexible urban spaces positions CEE as a leader in modern real estate solutions.
Looking Ahead: Mitiska’s Vision for CEE
With the MEREP 3 fund’s final closing approaching, Mitiska REIM is poised to further expand its portfolio and deepen its presence in the CEE region. By prioritizing sustainability, innovation, and accessibility, the company continues to solidify its role as an expert in business development in Central Europe.
Conclusion
Mitiska REIM’s €50 million co-investment with the EBRD represents a significant milestone in the growth of retail and logistics real estate in Central Eastern Europe. For businesses exploring opportunities in partner search or seeking to invest in business development in the CEE market, Mitiska’s proven expertise and strategic focus offer a compelling blueprint for success.
