Budapest-based property developer Trigranit said on Wednesday that it has started the development of its Arena Center project in the Lanite district of Zagreb, Croatia. The development, located on a site of 175,000 m2, is expected to cost around EUR 220 mln. The grand opening is planned for spring 2010.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
