News Article Budapest Corvin Hungary retail
by Property Forum | Retail

Time Out Market Budapest is set to open in 2025 at Corvin Palace at Blaha Lujza Square. The historic department store first opened in 1926 and has recently been renovated back to its original neoclassical state and redeveloped as a mixed-use real estate property offering retail, leisure and a hotel, timeout.com reports.


Across around 2,500 sqm indoors on the first floor and a further 900 sqm outdoors on the rooftop, Time Out Market Budapest will feature 14 kitchens, four bars, one event space and around 800 seats. There will be plenty of space to celebrate culinary and cultural talents – all of them will be local and home-grown from Budapest and the wider region.

Guests will be able to enjoy food from award-winning chefs, much-loved local gems and up-and-coming restaurateurs, sip a variety of drinks including cocktails from the most creative mixologists and experience culture and entertainment from rising local talents.

This will be Time Out Market’s first location in Hungary.