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Retail Estates – (Belgium RET/R6N)
Tuesday, 12 July 2011 07:42

Retail Estate was established in 1998 by Mitiska and KBC (Cera Investment Bank) with about 70 properties with about 50k sqm of space worth approx €50m but has since steadily increased this to about 500k sqm worth about €500m with about 425 shops in about 160 properties from @1-3k sqm (upto 12k) well spread across Beligum, concentrated on retail,parks-clusters (about 75%), and out-of-towns (20%), and mostly leased to retail chains (90%). Major shareholders include AXA and the KBC Groupe, and it works with KBC Bank & KBC Securities.

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Last Updated on Tuesday, 30 July 2013 03:15