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The Secretary of State for Architecture Told Why the Regulation of the “Plaza Stop” Will Be Amended
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The Minister of State for Architecture explained why the regulation of the “plaza stop” is being amended - according to Regő Lánszki, the rules have been circumvented so far.
·Budapest, Hungary
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A new tightening of the mall stop regulation is in the works: according to the government's plans, a separate permit would be required not only for construction, but also for changing tenants or owners of stores larger than 400 square meters. This would impose a heavy administrative burden on market players, further curb investments, and cool investor interest. The move could also curb economic dynamism and bring structural changes to retail in …
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