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Wolf Theiss Advises Mitiska REIM on Europa Centralna Retail Center Acquisition

Wolf Theiss Advises Mitiska REIM on Europa Centralna Retail Center Acquisition

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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.

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With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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