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Meyer Bergman acquires Fashion Arena Outlet Center in Prague



The selling price for the outlet centre amounts to €71.5 million, which results in a minor profit relative to the carrying amount
TK Development has developed and managed the Fashion Arena Outlet Center together with LMS Outlets Limited. TK Development’s ownership interest in the outlet centre represents 75 %. The Fashion Arena Outlet Center was a two-phase development, with the first phase of 18,000 m² opening in November 2007 and the second of 7,000 m² opening in October 2010. 



More about shopping malls in Czech Republic



YESTERDAY, United Kingdom:
The fashion chain marks the growth of sales and intends to consolidate the results with the opening of 18 new outlets.
Jan 17, 2020, France:
The retail space was created in collaboration with Galeries Lafayette department store.
Jan 17, 2020, USA:
Gap has changed its mind about making Old Navy a separate company.
Jan 16, 2020, Austria:
The company stated that buyers without cars are gradually becoming a new mega-trend.
Jan 14, 2020, Italy:
The flagship store "Apple Via del Corso" will open in a historic building renovated by Foster + Partners.
Jan 13, 2020, USA:
Target's range of sports and active lifestyle clothing is called All in Motion.
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