Mitiska REIM, the specialist investor in European retail parks and convenience real estate, has opened La Couvinoise, a new retail park development in the Belgian city of Couvin.
Developed in partnership with Groupe Bartolas, this new retail park features 18 commercial premises with a gross leasable area (GLA) of 13,350 m2.
The site is food-anchored by both Lidl and Delhaize supermarkets and other key tenants include Jysk, Extra, ZEB, Point Carré, Pronti and JouéClub. It includes 450 parking space.
Located close to the city centre, next to the bus terminal and train station, the retail park has been designed to achieve a ‘Very Good’ score on the BREEAM scale. It features charging points for electric cars, while the roof will be covered by 2,200 solar panels capable of generating around 700 mWh of electricity, equivalent to the annual electrical requirements of 200 homes.
Ulrïch Bartolas, CEO of Groupe Bartolas, said: 'La Couvinoise will bring a new retail infrastructure to the city of Couvin, and by offering two major supermarkets and a wide range of fashion and homeware brands, we expect its convenient location to become a go-to retail destination for the people living in the surrounding area.'
Bram Thomas, Mitiska REIM’s investment director for Belgium, Netherlands and France, said: 'Food-anchored retail has proven to be one of the strongest and most resilient retail sectors over the past year.
'Looking ahead, we expect the long-standing advantages of the retail park proposition based on convenience, essential shopping and value for money to continue to be an attractive proposition for investors, retailers and shoppers.'
