The occupancy rate of the portfolio comprised of 12 retail parks has reached 97% in Park Centers Hungary, Revetas Capital announced today.
Following successful lease transactions in Miskolc and Debrecen, with one of the leading retailers in the non-food sector, the total occupied area increased to over 44,600 sqm across the portfolio.
In 2013, Revetas Capital completed the successful acquisition of the investment portfolio in Hungary, comprising 12 retail neighbourhood shopping centers with a total area of over 45,000 sqm, which were successfully rebranded as Park Center Hungary retail parks.