Wolf Theiss has advised Mitiska REIM on its acquisition of the Europa Centralna retail center located in Gliwice, Poland.
Mitiska REIM is a European specialist investor in convenience real estate, including retail parks, urban logistics, and multi-let light industrial projects.
According to Wolf Theiss, the retail center in question covers a gross leasable area of 67,000 square meters on a 27-hectare land plot. “Europa Centralna is one of the largest commercial buildings in Poland and Europe and the largest retail scheme in Gliwice, encompassing a retail park with a GLA of 39,700 square meters and a galleria of 27,300 square meters, with parking for over 2,000 cars. The exceptional location at the intersection of the A1 and A4 motorways in the Upper Silesia region of southern Poland contributes to the uniqueness of this facility. The retail park and galleria are currently anchored by DIY stores Castorama and Jula, with other tenants including JYSK, Action, Media Expert, and Sports Direct, and a standalone drive-through McDonald’s restaurant.”
Back in 2021, Wolf Theiss advised on Mitiska REIM’s EUR 123 million loan from the Erste Group (as reported by CEE Legal Matters on April 6, 2021).
The Wolf Theiss team included Co-Managing Partner Tomasz Stasiak, Partner Anna Tomowicz, Counsel Aleksandra Jach, Senior Associate Marcin Zak, and Associates Kamil Krol and Jan Pruski.
Wolf Theiss could not provide additional information on the deal.