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Hungary: Shopping centre market sees 100,000 sq.m. in 2009

  Another 100,000 square meters is expected to be added to the more than 1.1 million square meters of shopping centre area in Hungary this year, though some projects could be suspended because of financing difficulties, property consultant Cushman and Wakefield said on Thursday.

ETO Park in Győr (northwest Hungary) is expected to be inaugurated in the spring and the Allee and Corvin Atrium shopping centres could open by year-end, Cushman and Wakefield said.

Last year, more than 70,000 sq.m. of space was added to Hungary's shopping centre market. Among the centres inaugurated were Agria Park in Eger, Korzo in Nyíregyháza and Fórum in Debrecen, all in the east of the country. (MTI-Econews)