Plaza Centers receives EUR 381m from sale of Arena Plaza in Budapest

By A staff reporter 2008-01-22T00:00:00

London and Warsaw-listed Plaza Centers has announced it has received gross cash proceeds of approximately EUR 381 mln from the sale of Arena Plaza to UK-based Active Asset Investment Management (AAIM). Arena Plaza's 66,000 m[sup]2[/sup] of lettable area makes it Hungary's largest shopping and entertainment centre. Fully let upon opening ...

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