Wing Sells Family Center Mall in Szobathely

Retail

Image: familycenter-szombathely.hu

Property development firm Wing has sold the Family Center shopping mall to the Unione Investment Group.

Wing purchased the Family Center Szombathely shopping mall in early 2018.

The Family Center shopping mall is located in the heart of the largest retail area in Szombathely and Vas County, next to a Tesco hypermarket and a Praktiker hardware superstore. With nearly 30 popular stores and a seasonal assortment of sales booths, it has become one of the area’s favorite shopping spaces since opening in 2005. It is home to a number of shops that are not present anywhere else in the county, including Media Markt, Hervis, and C&A.

In the past few years, under Wing’s ownership, Family Center Szombathely has seen an increase in both visitor numbers and turnover, thanks to its location and selection of shops. The mall now boasts an occupancy rate of nearly 100%. The shopping center remained open throughout the coronavirus pandemic, and its turnover is now higher than it was before the pandemic

ADVERTISEMENT

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.