SES COO Christoph Andexlinger and Andrea Schönhauer, SES Country Manager Hungary, are pleased with the most recent development project. Credit: András Pozsár

SES expands in Hungary: latest retail location in Somogy County goes live despite covid-19 lockdown

On Thursday, 11 March, SES Spar European Shopping Centers, the owner and operator of S-PARK Kaposvár, opened a retail park in the Somogy region.

As a result of a renewed lockdown in the country, only those stores that are deemed essential for the provision of basic goods and services to the population have been allowed to open: A 6,800-square-meter INTERSPAR store, a 600-square-meter dm drugstore, and a 150-square-meter Ofotért optical retail store now offer an appealing range of products and services to local neighborhoods. S-PARK, which boasts 560 free parking spaces and an excellent location, can be easily and optimally accessed.

As soon as official Hungarian regulations permit, all other stores located at S-PARK, such as Hervis, Deichmann, Euronics, Pepco, and KIK, will go into full operation. The segment and shop mix, which includes a total of 10 stores, covering a leasable area of 11,200 m², will deliver a comprehensive and high-quality range of brands and services to Kaposvár and the surrounding region.

Following the grand opening, S-PARK’s active tenants will include INTERSPAR, dm, and Ofotért as well as other anchor stores, such as Hervis, featuring an updated concept, Deichmann, Euronics, covering twice the floor space, Pepco, KIK, and a McDonald’s Drive fast-food restaurant. 

Investment of 24 Million Euros and Record Construction Time of 10 Months 

The retail park, which was completed as part of a joint development project between the owner and operator SES Spar European Shopping Centers and SPAR Hungary, was built in a record time of 10 months. An investment of 24 million euros has been made in the S-PARK retail park, which has provided jobs for more than 180 people in Kaposvár. 

S-PARK is located on a plot covering approximately 50,000 m² in the eastern part of Kaposvár, and construction was carried out from March 2020 to the end of December 2020. Interior fit-out of the stores took place from January to the beginning of March 2021. Despite the tight schedule, the high-quality construction project was completed more than two weeks prior to the contractually agreed deadline.

Sustainable Construction & Leisure Opportunities
The appearance of the exterior as well as environmental aspects played significant roles in the planning and design of S-PARK, from the conscious use of wooden roof panels and energy-saving LED technologies to the installation of 10 e-fueling stations. An environmentally friendly heating and cooling system was installed in the INTERSPAR store, as was an ozone-friendly and waste heat-utilizing heat pump system that uses carbon dioxide refrigerants. 

The design of the outdoor facilities involved the creation of 15,000 m² of grassy, green areas. By the end of spring, a park, complete with a modern playground, will be built in the central open area of the L-shaped building. S-PARK offers so much more than just shopping: Its leisure opportunities invite the entire family to relax and unwind.

Safe and Pleasant Shopping
Operations at S-PARK are being carried out under the highest safety and hygiene measures in order to ensure a safe and pleasant stay for each visitor.

“Even though it is not currently possible for us to completely open S-PARK, including all of our retail partners, due to the pandemic, we are very happy to be able to provide the city and the people of Kaposvár with a modern neighborhood center, especially during times like these,” said Christoph Andexlinger, Chief Operations Officer of operator SES Spar European Shopping Centers, explaining: “Through the S-PARK brand, we are able to offer a marketplace, 560 free parking spaces, and a place in which people feel comfortable and are happy to return to. As soon as regulations allow, S-PARK will also function as an attractive meeting place for the residents of Kaposvár. With our strong national and international store concepts, gastronomy offers, and a welcoming park, an even higher quality of stay will then be created.” 

Optimal Transport Accessibility
Whether by foot, car, motorcycle, bicycle, or public transport (bus): S-PARK Kaposvár is easily accessible and offers 560 free parking spaces, including 10 e-charging stations.

30 Shopping Destinations in the SES Portfolio
The opening of S-PARK in Kaposvár marks another important milestone for SES: The addition of S-PARK Kaposvár has increased the SES Group’s portfolio to 30 shopping destinations in six countries.

SES Active in Hungary since 1997
SES was the operator of EUROPARK Budapest from 1997 to 2016. In 2009, SES took over the management of the KORZÓ shopping center in Nyíregyháza, and has operated it ever since. Also in 2009, SES was entrusted with the market launch and operation of the multifunctional and, at that time, most modern shopping center in Budapest, ALLEE Center, for a period of six years and successfully executed the task. As part of a joint development between SPAR Hungary and SES, the owner, S-PARK Kaposvár retail park was opened and commenced operation in March 2021.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Change in the YIT Management Team

YIT Corporation's Board of Directors has appointed Tuomas Mäkipeska (43, M.Sc. in Economics) as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

M7 signs 1,000 sq m letting with fashion brand, Sinsay, at the Csillag Center in Budapest, Hungary

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has completed the letting of a significant 1,025 sq m retail unit at the newly refurbished Csillag Center in Budapest, Hungary, to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.

New Centre Manager Appointment at CBRE Global Investors’ Angel Central

CBRE Global Investors announced the recent appointment of Adam Cummins, as the new Centre Manager at leading London leisure and retail destination, Angel Central. He joins the team at Lambert Smith Hampton, appointed by CBRE Global Investors as the managing agents for the destination.

Breuninger expands its presence to Hamburg

In 2023, Stuttgart-based fashion and lifestyle company Breuninger will open a new flagship store in the Westfield Hamburg-Überseequartier district, its first location in northern Germany. As the largest anchor tenant by far in the heart of Hamburg’s HafenCity district, Breuninger will occupy a total area of more than 14,000 square metres in the future. The long- term lease agreement with the project developer and district operator Unibail-Rodamco- Westfield (URW) was signed today in Hamburg.

New Faces at Nepi Rockcastle

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.

Scholz & Friends NeuMarkt wins pitch for Designer Outlets Wolfsburg and starts with brand relaunch and summer campaign

A new logo, a new brand claim, and an attention-grabbing summer campaign announce the new collaboration between Designer Outlets Wolfsburg and Scholz & Friends NeuMarkt. In a pitch, the creative and versatile concept of the Hamburg-based company prevailed. The re-design of the logo creates modernity and the new claim "Everything but ordinary shopping." reflects the center’sstrategic orientation to establish even more of an experience character.