News Article Hungary Immofinanz retail park Stop Shop
by Property Forum | Retail

Immofinanz has just leased the last free unit in its Hungarian Stop Shop portfolio, reaching a 100% occupancy rate. The newest and last tenant is Sportisimo in Stop Shop Keszthely. The company has roughly 136,000 sqm of fully leased retail space in 14 locations across Hungary. 

This milestone has marked more than 20 years of operations of Immofinanz in Hungary. The company has opened 14 Stop Shop retail parks since 2002, aiming to bring global trends to the local population in Budapest, Békéscsaba, Debrecen, Érd, Gödöllő, Hatvan, Keszthely, Miskolc, Nagykanizsa, Nyíregyháza, Szolnok and Veszprém.

The biggest tenants in the Hungarian Stop Shop parks include popular brands such as SPAR, KiK, Takko, CCC, Deichmann, Müller, dm and Media Markt. As the interest in electric cars or plug-in hybrid vehicles is growing significantly in Hungary and more public recharging points are needed, Immofinanz recently has installed and delivered more than 100 electric charging points across the entire Stop Shop network in Hungary, expanding further its local service portfolio. 

The Stop Shop portfolio covers already 101 locations in ten countries with nearly 790,000 sqm of rentable space. Further acquisitions and internal development projects are currently in preparation to expand to 140 Stop Shop locations over the medium term.