Arena Plaza: Difference between revisions

Coordinates: 47°29′54″N 19°5′29.71″E / 47.49833°N 19.0915861°E / 47.49833; 19.0915861
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
→‎External links: rm map link
hyperlinking
 
(25 intermediate revisions by 16 users not shown)
Line 1: Line 1:
⚫
{{infobox shopping mall
{{refimprove|date=April 2014}}
⚫
| | name = Arena Mall
{{underlinked|date=April 2014}}
⚫
| image = ArenaPlazaBudapest.JPG
{{copyedit|date=April 2014}}
| image_width = 250
⚫
{{infobox shopping mall |
| caption = Decorated for the holidays
| shopping_mall_name = Arena Plaza
| coordinates = {{coord|47|29|54|N|19|5|29.71|E|display=inline,title}}
⚫
| image = Arena Plaza Budapest outside.jpg
| image_width = 250
| location = [[Budapest]], [[Hungary]]
| caption =
| address = 1087 Budapest<br>Kerepesi Avenue 9
| location = [[Budapest]], [[Hungary]]
| opening =
| number_of_stores = 400+
| address = 1087 Budapest<br>Kerepesi Avenue 9
⚫
| developer = Plaza Centers B. V.
| construction_date = 15 November 2007
| opening =
| owner = Plaza Centers B. V.
| number_of_stores = 400+
| manager =
⚫
| number_of_anchors = 9
⚫
| developer = Plaza Centers B. V.
| owner = Plaza Centers B. V.
| floor_area = {{convert|180,000|sqm|sqft}}
| manager =
| floors = 3 floors
⚫
| parking = Underground parking: 2,800
⚫
| number_of_anchors = 9
| floor_area = {{convert|180,000|sqm|sqft}}
| website = {{url|arenaplaza.hu/en}}
⚫
| floors = 3 floors
⚫
|parking = Underground parking: 2,800
| website = {{official website|http://www.arenaplaza.hu/en/}}
}}
}}


'''Arena Mall''' (formerly known as Aréna Plaza) is the largest shopping plaza in Budapest at a size of {{convert|200,000|sqm|abbr=on}}. On November 15, 2007, Arena Plaza opened at the site of an old horse racing track.<ref name = BpTimes>{{cite web|last1=Hodgson|first1=Robert|title=Arena Plaza to open this week|url=http://budapesttimes.hu/2007/11/12/arena-plaza-to-open-this-week/|website=The Budapest Times|accessdate=6 January 2015|archive-url=https://web.archive.org/web/20160304024153/http://budapesttimes.hu/2007/11/12/arena-plaza-to-open-this-week/|archive-date=4 March 2016|url-status=dead}}</ref>
'''Arena Plaza''' is a [[shopping centre]] in Hungary with a {{convert|180,000|sqm|sqft}} Gross Built Area of shopping and entertainment. On November 15, 2007, Arena Plaza was opened to the public with 100% occupancy.
The shopping center comprises 66,000 sqm of gross lettable area and includes the first IMAX cinema auditorium in Budapest and in Hungary, along with other 22 screens.
The main tenants in the shopping center include international hypermarket operator (Tesco) (c. {{convert|10,500|sqm|sqft}}), the German giant Peek&Cloppenburg with their first mega store in Hungary, Zara, Hervis (sporting clothing and equipments), Electro World, Hennes & Mauritz, C&A and others.<ref>http://www.budapestbylocals.com/budapest-shopping-malls.html</ref>
Arena Plaza is now one of the largest and most prestigious shopping and entertainment centers in Central and Eastern Europe and the quality, size and design of this project has set new standards for the region as a whole.
On August 7, 2007, Arena Plaza was pre-sold to active Asset Investment Management ("aAIM"), one of the UK's fastest growing commercial property investments groups.
The transactions was closed at a record gross yield of 5.9%, reflecting circa 381 million eur asset value; this represented 20% of all real estate deals done in Hungary during 2007, and the highest volume single transaction in Hungary for that year.
The sales price reflects a material increase to the value at IPO time in November 2006, which was then €333 million.


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 culture|Western-style]] shopping centers to Hungary.<ref>{{cite web|title=About: Overview|url=http://www.plazacenters.com/index.php?p=overview|website=PlazaCenters.com|accessdate=6 January 2015}}</ref> 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..."<ref name="opening">{{cite web|title=Plaza Centers Opens Arena Plaza in Hungary|url=http://www.plazacenters.com/downloads/arena_opening.pdf|website=PlazaCenters.com|accessdate=6 January 2015|date=15 November 2007}}</ref>
==Location==

Kerepesi Avenue 9., VIIIth district, M2 (red) metro, Keleti pályaudvar stop, from there by walk or take a bus (No. 178, No. 95) or trolley (No. 80).
The center includes the country's first [[IMAX]] cinema auditorium, along with 22 other screens.<ref name = BpTimes /> It includes many stores for shopping, dining, and entertainment. A major focal point is the large [[Tesco]], a [[hypermarket]].<ref name = opening />

==Access==

Arena Plaza is located approximately five minutes walking distance from [[Budapest Keleti railway station|Keleti Railway Station]]. <ref>{{cite web|title=Visitor Information|url=http://www.arenaplaza.hu/en/visitor-information/|website=ArenaPlaze.hu/en|accessdate=6 January 2015|archive-date=6 June 2017|archive-url=https://web.archive.org/web/20170606120143/http://www.arenaplaza.hu/en/visitor-information/|url-status=dead}}</ref>

The shopping center has approximately 2,800 underground parking spaces.<ref name = opening />

== 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.{{Citation needed|date=January 2015}}


==References==
==References==
{{reflist}}
{{reflist}}

== External links ==
* {{official website|http://www.arenaplaza.hu/en/}}


[[Category:Buildings and structures in Budapest]]
[[Category:Buildings and structures in Budapest]]
[[Category:Shopping malls in Hungary]]
[[Category:Shopping malls in Hungary]]
[[Category:Visitor attractions in Budapest]]
[[Category:Tourist attractions in Budapest]]

Latest revision as of 17:11, 26 August 2022

Arena Mall
Decorated for the holidays
Map
LocationBudapest, Hungary
Coordinates47°29′54″N 19°5′29.71″E / 47.49833°N 19.0915861°E / 47.49833; 19.0915861
Address1087 Budapest
Kerepesi Avenue 9
DeveloperPlaza Centers B. V.
OwnerPlaza Centers B. V.
No. of stores and services400+
No. of anchor tenants9
Total retail floor area180,000 square metres (1,900,000 sq ft)
No. of floors3 floors
ParkingUnderground parking: 2,800
Websitearenaplaza.hu/en

Arena Mall (formerly known as Aréna Plaza) is the largest shopping plaza in Budapest at a size of 200,000 m2 (2,200,000 sq ft). On November 15, 2007, Arena Plaza opened at the site of an old horse racing track.[1]

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.[2] 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..."[3]

The center includes the country's first IMAX cinema auditorium, along with 22 other screens.[1] It includes many stores for shopping, dining, and entertainment. A major focal point is the large Tesco, a hypermarket.[3]

Access[edit]

Arena Plaza is located approximately five minutes walking distance from Keleti Railway Station. [4]

The shopping center has approximately 2,800 underground parking spaces.[3]

Sales[edit]

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.[citation needed]

References[edit]

  1. ^ a b Hodgson, Robert. "Arena Plaza to open this week". The Budapest Times. Archived from the original on 4 March 2016. Retrieved 6 January 2015.
  2. ^ "About: Overview". PlazaCenters.com. Retrieved 6 January 2015.
  3. ^ a b c "Plaza Centers Opens Arena Plaza in Hungary" (PDF). PlazaCenters.com. 15 November 2007. Retrieved 6 January 2015.
  4. ^ "Visitor Information". ArenaPlaze.hu/en. Archived from the original on 6 June 2017. Retrieved 6 January 2015.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Arena_Plaza&oldid=1106824874"