Mitiska REIM, the leading specialist investor in European convenience real estate, has today announced the sale of a 6.7ha land plot to Momentum Leisure to develop a theme and water park adjacent to the Europa Centralna retail center.
Located on a 27ha site in Gliwice, Poland, Europa Centralna is the largest retail scheme in the city with a gross leasable area (GLA) of 67,000m2 and parking for 2,000 cars. Mitiska REIM acquired the retail center in March 2023 on behalf of the MEREP 3 fund.
As part of its value-add investment strategy, Mitiska REIM plans to reposition Europa Centralna as a modern and sustainable convenience real estate asset offering a diversified mix of essential daily shopping, DIY, homeware, fashion, discount goods, leisure and entertainment. Janusz Botorek, Board Member and shareholder of Mitiska REIM’s Polish partner, Karuzela Holding, has joined the project as co-investor and local operating partner.