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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



Aug 14, 2019, USA:
The flagship store in NYC presents an updated global concept of The North Face retail stores.
Aug 14, 2019, United Kingdom:
Crew Clothing and independent retailer Starlings Toy Outlet are set to open shops in the East Midlands.
Aug 13, 2019, USA:
Nike announced the launch of the sneaker subscription service for children.
Aug 13, 2019, Russia:
The brand has entered Russia for the first time through Ingka Centres’, formerly IKEA Centres, MEGA mall in Moscow.
Aug 12, 2019, Italy:
WRM Group and Conad signed an agreement to acquire Auchan Retail Italia, announced by the financial community.
Aug 9, 2019, Hong Kong:
An American fast-food chain has announced the opening of its flagship restaurant in an updated concept in Hong Kong.
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