Budapest malls handing over ceremonies postponed for next year

According to the analysis of GVA Robertson, only one shopping mall will be handed over this year in Budapest. The furter four, will be handed over next year.

The decline in retail sales is in the background. That is the reason why the projects will be postponed to next year. In Budapest there is five large shopping mall projects are under development – The Allen, the Corvin Atrium, the Mundo, the Terminal and the Neo. Only Allee will be completed this year – reports Menedzsment Fórum.