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Aréna Plaza shopping center

Budapest shopping mall sold to South African firm

D&T
September 19, 2017

South African real estate investment firm NEPI Rockcastle announced that, on September 15, 2017, it acquired all the issued shares of Aréna Plaza shopping center in Budapest through its subsidiary, Arena Property Ltd. for EUR 275 million.

With a gross lettable area of 66,000 m2, Aréna Plaza is the second largest retail center in Budapest.

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