Center Invest Kft, an Austrian-owned developer of small shopping centers, has broken ground on two new projects in Érd, southwest of Budapest, and Veszprém, northwestern Hungary, the company said. The Hungarian subsidiary of Austrian Center Invest GmbH, the developer has completed three similar projects in Budapest and is planning to build another six in the country in addition to the two in progress, which are scheduled for completion in August. The shopping facility in Érd will consist of 11,500 sqm of net retail space and a parking ramp for 550 cars to be built on top of a new bus station next to it, while the Veszprém center will have 14,300 sqm retail space and 700 parking spaces. (Monday's NG 13) P.P.
Source: Hungary A.M.
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25.01.2005