HATC SAMPLE EDITION:
   Politics & Foreign Relations

   Economic News

   Business News

   Other News of Interest

   All stories


6th October, 2017

Aréna Plaza buys adjacent land



NEPI Rockcastle, the new owner of Budapest shopping mall Aréna Plaza, has bought 21,788m2 of land next to the mall for €2.5 million, the seller Plaza Centers announced on Thursday.

The two-hectare site was directly sold by Kerepesi 5, a subsidiary of Plaza Centers.

If the new owner wishes to expand the mall, then it has to take into calculation the so-called plaza-stop law restricting construction of large retail facilities, Portfolio added.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

Contact Free Trial Subscription