Campona to buy for €110 mln

The shopping center was opened 8 years ago, its occupancy level is over 97%. Basic tenats are C&A, H&M, Electro World, Hervis.

 ING Real Estate has today announced the €110 million acquisition of the Campona shopping centre in Budapest, Hungary, from Compagnie Immobilière de Belgique. The shopping centre is a double–story multi-tenant property that opened in 1999 and comprises 145 shop units with a total occupancy level of over 97%. The shopping center's anchor tenants include, C&A, H&M, Electro World, Hervis and a Tesco hypermarket (which is fully integrated into the mall but not part of the acquisition), in addition to an eleven-screen cinema, a food court and a tropicarium. Other major international tenants include McDonald's, Orsay, Springfield, Douglas, Bijou Brigitte and Promod. The shopping centre has a gross letable area of 39,387 square meters (excluding the hypermarket) and a three-level car park with 1,500 spaces.