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News Release


Sale of retail park “Les Dauphins” by JLL

Brussels, 16th June 2015 –  JLL announces the sale of the company Parc Commercial Les Dauphins SA, property of MITISKA REIM, on behalf of its specialist real estate fund 'First Retail International' and A.B.L.I. NV, to  Fidelity Worldwide Investment.

The company, Parc Commercial Les Dauphins SA, owns as its principal asset the retail park 'Les Dauphins' in Mouscron, Belgium.

Parc Commercial Les Dauphins is a 23.000 sqm modern retail park with 620 free parking spaces. The newly developed retail park (°2013) features 30 shops and is anchored by Delhaize and H&M. Other occupiers include Krëfel, Zeb, JBC, Maisons du Monde, Pizza Hut and Hema. The property is 100% let. Photovoltaic solar panels are installed on the roof which can meet the electricity needs of several tenants.  Website:

​The vendors were advised by JLL.        

Baker & McKenzie acted as legal advisor to Fidelity.

MITISKA REIM is a privately held specialist real estate investment and fund management firm headquartered in Brussels. MITISKA REIM manages the real estate fund "First Retail International" (FRI) which has an investment capacity of 200 million EUR targeting retail park properties in Europe. FRI's current portfolio represents a total investment value of 100 million EUR.

A.B.L.I. is a Belgian promotor, based in Erpe-Mere ,of innovative retail and residential real estate projects. Its portfolio contains next to Parc les Dauphins , retail parks in Oudenaarde, Wetteren, Sint–Truiden, Libramont and is also the promotor of the new retail park in Estaimpuis.

Fidelity Worldwide Investment is a renowned asset manager serving investors worldwide with over  EUR 255 billion of assets under management. Fidelity's Paris based real estate team has acquired this asset on behalf of their open-ended institutional real estate fund FIREF Eurozone Select.