arena_park-Zagreb

Arena Centar Gets a 12 Million EUR Expansion

By Retail SEE Group / May 22, 2019

Arena Park, a new retail park located next to Arena Centar in Zagreb, Croatia, opened its doors to the public on the 16th of May.

A NEW RETAIL PARK TO COMPLEMENT ARENA CENTAR

Arena Park is a project worth 12 million EUR developed by NEPI Rockcastle  - a leading property investor, operator and developer in Central and Eastern Europe.

The retail park is located right next to the largest shopping center in Zagreb, Arena Centar. Spreading across 8,000 sqm, it offers 11 affordable brands that complement the existing shopping center.

“We have decided to expand Arena Centar with a new retail park in order to enhance its offer and make the trading zone even more attractive. Some international retailers prefer to expand in retail parks because they offer lower rents and the possibility to open large-format stores. On the other hand, customers love the convenience of retail parks, which are easily accessible and less crowded than shopping centers, “ stated Tomislav Dekalić, Asset Manager for Croatia and Serbia, NEPI Rockcastle.

A STRONG LINEUP OF BRANDS

Arena Park is now home to LC Waikiki, a newcomer brand to the Croatian market. The new store is LC Waikiki's 470th unit outside of Turkey and its first in Croatia. With a vast range of affordable fashion collections for men, women and children, the store is set to become a top destination for family shopping in Zagreb.

The fashion offer is also complemented by the discount fashion and home goods chain KIK.  The German chain is a popular brand in Croatia, known for its diverse range of fashion, home textiles and accessories, sold at affordable prices. The new KIK store is the retailer's 80th store in Croatia.

Other tenants within Arena Park also include JYSKINTERSPORT,PEPCOPITTA ROSSO, CCC, EXTRA SPORTS and others.

ARENA CENTAR: A LEADING SHOPPING CENTER IN THE REGION

Arena Centar  is the largest shopping mall in Zagreb, located at no.6 Vice Vukova Street. The mall houses 10 large and more than 200 small and mid-sized retail units, as well as the largest INTERSPAR hypermarket in Croatia.

Besides its vast range of global fashion retailers, the mall also offers a wide range of gastronomy and entertainment facilities, including the first IMAX cinema in the region and 4DX Exclusive Samsung cinema.

Arena Centar has attracted nearly 70 million visitors since its opening. In 2018, the mall embarked on a major expansion project, which included an addition of 6,000 sqm of space.

The shopping center is 100 % owned by NEPI Rockcastle.

Browse more shopping centers in South East Europe on our Properties page.

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