Stibbe advised Mitiska REIM

NL Law

Stibbe's Real Estate Transaction Group, led by Boris Cammelbeeck, has advised Mitiska REIM with the acquisition of Makado Beek retail center from Syntrus Achmea. Makado Beek is one of the largest retail centers in the Netherlands, attracting over 3 million visitors per year, with a gross leasable area (GLA) of 35,060m2, comprising 79 retail units and parking for 1,500 cars.

Mitiska REIM plans to reposition Makado Beek as a regional convenience center for daily and weekly shopping needs. In line with Mitiska REIM’s ESG approach, action plans will be put in place to reduce carbon emissions, maximize onsite renewable energy through the installation of solar panels on the roof of the complex, and achieve a BREEAM rating. Mitiska REIM has secured bank financing for the project in the form of a green loan.

Mitiska REIM is the leading specialist investor in European convenience real estate.