KÖKI Terminal, a HUF 40bn transport hub in the south of Pest, was inaugurated on Thursday.

Businesses in the retail part of the hub will open on Friday, said KÖKI Terminal sales and finance director Márton László. Leases have been signed for 85% of the retail space in the hub and the rest is expected to be taken up by Christmas, he added.

Construction of the hub started in 2008.