PropertyEU

AAIM buys Hungary's largest mall for EUR 400 m

By A staff reporter 2007-08-07T00:00:00

Plaza Centers, a leading emerging markets property developer, said on Tuesday it has sold the Arena Plaza shopping mall in Budapest to UK-based Active Asset Investment Management (AAIM), for about EUR 400 mln. Designed and developed by Plaza Centers following the purchase of the site in 2005, Arena Plaza is ...

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