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MeinlEuropean opens Ft 1.5 bln mall

Austria's MeinlEuropean Land Group will open its new Ft 1.5 billion "Family Center" shopping mall in Budapest's District X today. The mall has 9,000 square meters of retail space, of which supermarket chain Spar will lease 5,600 for the capital's fifth and Hungary's 19th Interspar hypermarket. A further 24 shops, a pharmacy and several bank branches are also leasing space in the mall. The shopping mall was built by Magnum Hungária Real Estate Development Group Kft and purchased by Manhattan Development, a Hungarian unit of MeinlEuropean.