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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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