Arena Mall

Arena Mall at Kerepesi út 9 in the VIII district opened in 2007 and was acquired by NEPI Rockcastle in 2015 for approximately €235 million, at the time one of the largest single retail transactions in Central European property history. The 66,000-sqm super-regional houses approximately 130 units and is anchored by a Tesco Extra hypermarket as the daily-visit driver and a 22-screen Cinema City complex as the leisure anchor. Within the Cinema City configuration is Hungary’s only operational IMAX screen and a 270-degree immersive projection room, making Arena Mall the reference address for premium cinema in the country.

The fashion register runs through H&M, Zara, Primark, and the Inditex family into premium street-level brands including Hugo Boss, Karl Lagerfeld, Calvin Klein, and Michael Kors, a tenant depth that Budapest’s older super-regionals have not matched since their original openings. The food and beverage circuit runs across 22 catering units including international QSR and specialist dining, structured for the substantial commuter and tourist flow generated by the adjacent railway complex.

Keleti pályaudvar sits immediately beside the mall. Budapest’s principal international rail terminus, handling services to Vienna, Berlin, Prague, Bucharest, and Kyiv, channels a daily passenger volume that includes both long-distance travellers and the dense M2 metro interchange that shares the Keleti station complex. That combination of rail-generated tourist flow and eastern Budapest residential catchment from the VIII, IX, and X districts defines Arena Mall’s dual-audience commercial position.

NEPI Rockcastle operates Arena Mall as the Hungarian flagship within its 50-asset Central and Eastern European REIT portfolio. The property trades against Árkád Budapest one kilometre north on the same M2 axis. Between them, the two properties account for 134,000 sqm of super-regional GLA concentrated on a single eastern Budapest transit corridor, a density with no equivalent elsewhere in the country.