New shopping centre to open in Budapest today

16
Oct
2025
News - New shopping centre to open in Budapest today #Budapest #Hungary #Retail #Shopping

by Property Forum | Retail

Zenit Corso, a new community center in Budapest's Zuglo district, is scheduled to open its doors on October 16. Located behind Bosnyak Square, the development functions not only as a shopping centre but also as a modern urban promenade, featuring stores from numerous well-known brands.


The investment was realised on an area of more than 6.7 hectares behind Bosnyak Square, and according to the developers' intentions, it will become the new centre of the district. With the opening brought forward from the originally planned fourth quarter of 2025, the facility can welcome visitors earlier.

The shopping centre has approximately 11,000 sqm of rentable retail space and is located in the centre of Budapest's fourth most populous district, with more than 118,000 residents. There was significant interest in the rentable areas, with 85% already finding tenants by spring this year.

The ground floor houses smaller service providers and terrace restaurants, while the first floor accommodates larger stores. The development's specialty is that it was realized not as a traditional covered mall, but as a hybrid of a street-mall and shopping center.

Among the stores, well-known brands can be found such as Aldi, Barber Shop Budapest, Bortarsasag, Libri, Flying Tiger, Pepco, OTP, Kik, K&H, Sinsay and Rossmann.

The complex includes 530 parking spaces on two levels.




Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


Latest news

News - Kingstone RE partners with Iroko for Polish expansion
05
May
2026

Kingstone RE partners with Iroko for Polish expansion

by Property Forum
Kingstone Real Estate has established a strategic partnership with French asset manager Iroko to facilitate investment opportunities in Poland.
Read more >
News - pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
05
May
2026

pbb provides €36m loan to AYA Properties Fund for Warsaw office deal

by Property Forum
Deutsche Pfandbriefbank (pbb) has provided investment and VAT loans totalling €36 million to the AYA Properties Fund, which acquired an office building in Warsaw's Wola district.
Read more >
News - Passerinvest reviews EU taxonomy standards for Prague portfolio
04
May
2026

Passerinvest reviews EU taxonomy standards for Prague portfolio

by Property Forum
Passerinvest Group, in collaboration with consulting firm EY, conducted a detailed assessment of its buildings in Prague's Brumlovka and Nové Roztyly locations according to EU taxonomy requirements.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy