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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
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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..."
198:(formerly known as Aréna Plaza) is the largest shopping plaza in Budapest at a size of 200,000 m (2,200,000 sq ft). On November 15, 2007, Arena Plaza opened at the site of an old horse racing track.
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cinema auditorium, along with 22 other screens. It includes many stores for shopping, dining, and entertainment. A major focal point is the large
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transaction for that year. The price compares to the
November 2006 IPO of €333 million.
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The project was developed by Plaza
Centers Group, a shopping center developer in
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205:(CEE). Plaza Centers Group credits itself as the first developer to bring
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The shopping center has approximately 2,800 underground parking spaces.
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Arena Plaza is located approximately five minutes walking distance from
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155:180,000 square metres (1,900,000 sq ft)
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331:"Plaza Centers Opens Arena Plaza in Hungary"
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213:The center includes the country's first
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396:Buildings and structures in Budapest
27:Shopping mall in Budapest, Hungary
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406:Tourist attractions in Budapest
271:"Arena Plaza to open this week"
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203:Central and Eastern Europe
171:Underground parking: 2,800
131:No. of stores and services
42:Decorated for the holidays
401:Shopping malls in Hungary
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151:Total retail floor area
89:47.49833°N 19.0915861°E
235:Keleti Railway Station
360:"Visitor Information"
94:47.49833; 19.0915861
126:Plaza Centers B. V.
118:Plaza Centers B. V.
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340:. 15 November 2007
275:The Budapest Times
301:"About: Overview"
269:Hodgson, Robert.
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110:Kerepesi Avenue 9
16:(Redirected from
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366:. Archived from
364:ArenaPlaze.hu/en
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338:PlazaCenters.com
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305:PlazaCenters.com
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277:. Archived from
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281:on 4 March 2016
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370:on 6 June 2017
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160:No. of floors
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108:1087 Budapest
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372:. Retrieved
368:the original
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342:. Retrieved
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283:. Retrieved
279:the original
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80:19°5′29.71″E
223:hypermarket
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67:Coordinates
18:Arena Plaza
390:Categories
253:References
196:Arena Mall
183:.arenamall
77:47°29′54″N
31:Arena Mall
374:6 January
344:6 January
310:6 January
285:6 January
115:Developer
163:3 floors
56:Budapest
52:Location
176:Website
168:Parking
139:No. of
105:Address
60:Hungary
229:Access
334:(PDF)
244:Sales
219:Tesco
123:Owner
376:2015
346:2015
312:2015
287:2015
221:, a
215:IMAX
134:400+
237:.
187:/en
185:.hu
181:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
