Location Budapest, Hungary No. of stores and services 400+ No. of floors 3 floors Phone +36 40 222 222 | Developer Plaza Centers B. V. No. of anchor tenants 9 Opened 2007 | |
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Total retail floor area 180,000 square metres (1,900,000 sq ft) Address Budapest, Kerepesi út 9., Aréna Pláza fiók, 1087 Hungary Hours Closed now Tuesday10AM–6PMWednesday10AM–6PMThursday10AM–6PMFriday10AM–5PMSaturdayClosedSundayClosedMonday10AM–6PM Owner Active Asset Investment Management Similar WestEnd City Center, Allee Bevásárlóközpont, Corvin, László Papp Budapest, Budapest Keleti railway st Profiles | ||
Arena plaza tv commercial 2011 spring summer
Arena Plaza (Aréna Plaza) is the largest shopping plaza in Budapest at a size of 200,000 square metres. On November 15, 2007, Arena Plaza opened at the site of an old horse racing track.
Contents
- Arena plaza tv commercial 2011 spring summer
- Arena plaza 2014 tavasz fedezd fel j nmagad
- Access
- Sales
- References
The project was developed by Plaza Centers Group, a shopping center developer in Central and Eastern Europe (CEE). Plaza Centers Group credits itself as the first developer to bring Western-style shopping centers to Hungary. The executive of Plaza Centers says during the opening in 2007, “Arena Plaza is one of the largest and most prestigious shopping and entertainment centres in Central and Eastern Europe, the design and ambition of which has set new standards for the region..."
The center includes the country's first IMAX cinema auditorium, along with 22 other screens. It includes many stores for shopping, dining, and entertainment. A major focal point is the large Tesco, a hypermarket.
Arena plaza 2014 tavasz fedezd fel j nmagad
Access
Arena Plaza is located approximately five minutes walking distance from Keleti Railway Station.
If driving, the shopping center is accessible by approximately 2,800 underground parking spaces.
Sales
On August 7, 2007, Arena Plaza was sold to active Asset Investment Management ("aAIM"). The transaction was closed at a gross yield of 5.9%, reflecting an approximately 381 million Euro asset value. This represented 20% of the value of 2007 Hungarian real estate deals and the largest single transaction for that year. The price compares to the November 2006 IPO of €333 million.