Mitiska REIM, the leading specialist investor in European convenience real estate, has completed the acquisition on behalf of the MEREP 3 fund, together with a dedicated co-investment vehicle, of the seven Cora hypermarkets and Shopping Cora galleries in Belgium. With the transaction now closed, the large-scale transformation of these sites is entering a new phase.
The company’s plan is to invest in the sites – located in Anderlecht, Woluwe, Rocourt, Hornu, La Louvière, Châtelineau and Messancy – and transform each location into a modern, successful and sustainable grocery-anchored retail center, designed to meet the needs of shoppers, tenants and local communities.
Each of the former Cora hypermarket spaces will be redeveloped and split into several brand-new stores, including major retail players and a full-service supermarket which are still to be announced. The first stores will open in late January 2026. In the coming days and weeks, further details will be shared about how each site will be transformed.
Source: press release received on 03.09.2025