SES to open new retail park in Hungary

SES to open new retail park in Hungary

SES Spar European Shopping Centers has announced the opening to the general public of the most modern retail park of the Hungarian city of Kaposvar and the entire Somogy district, which will take place on 11 March 2021. S-PARK KAPOSVAR is a supraregional supply centre featuring strong anchor stores, including the only INTERSPAR market of the Hungarian district city, located in the southwest of the country. The addition of S-PARK KAPOSVAR increases SES’s property portfolio to a total of 30 shopping destinations in six countries.

 

S-PARK KAPOSVAR will offer 10 shops on a leasable area of more than 11,000m², uniting the most important industries under one roof. The retail park is located on the outskirts of town, in the direction of Dombovar. It offers 500 free parking spaces and is easily accessible via various means of transport. S-PARK KAPOSVAR was developed in cooperation with Spar Hungary. SES acts as investor and operator of the newly constructed retail property and has invested €24m in the location.

 

“We are investing in this retail park because it perfectly satisfies all demands at this location. We are glad to be able to expand during this time of the pandemic, sending positive signals in the process. The S-PARK concept is on the cutting edge and in high demand with retailers. For the customers, the retail park will offer the most modern local supply centre within the country,” said Christoph Andexlinger, Chief Operations Officer of SES Spar European Shopping Centers with conviction.

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