Duna Plaza closure and new shopping center in Zugló

Duna Plaza, located in Budapest, is set to close in 2026 for renovations and expansions, with plans to reopen in 2028. This news was shared during the CBRE Hungary Market Outlook 2025 event, as reported by Portfolio.

January 31, 2025

The owner, Indotek Group, is also planning a similar renovation project for the Alba Plaza in Székesfehérvár.

New Shopping Center in Zugló

In a positive development, a new shopping center named Zenit Corso is scheduled to open in Zugló by the end of this year. This significant project will feature 11,000 square meters of retail space. Discussions around this investment have been ongoing, and it is noted that the developer must reach an agreement with the local government to secure state funding for the project.

For more information, visit Telex.