Kinstellar has advised Mitiska REIM fund First Retail International 2 on the acquisition of land in Bratislava for the construction of the Podunajska Brana retail park via a joint venture between Mitiska Group and Asset Services.
Financial terms of the deal were not disclosed.
Asset Services is a Czech Republic-based provider of development, property, and facility management services.
Mitiska REIM is a specialist investment management company in European convenience real estate. FRI 2 invests exclusively in retail parks. According to Kinstellar, the fund has already deployed more than EUR 200 million of equity for acquisitions and development projects in Spain, Portugal, Germany, Romania, Belgium, Netherlands, Poland, and the Czech Republic.
The Kinstellar team in Bratislava included Partner Roman Oleksik, Managing Associate Dasa Labasova, and Junior Associate Martin Danco.
Kinstellar did not respond to our inquiry on the matter.
