ARTICLES LABELLED WITH TAG Bratislava

The number of completed flats in Slovakia has fallen year-on-year in the first quarter of 2022.  Construction around Bratislava has also been on a downward trend for several quarters. However, three Slovak regions report the opposite trend with a dynamic increase in the number of completed apartments. The recovery can be observed in the number of flats under construction, according to data from the Statistical Office of Slovakia, reality.trend.sk reports.

Bratislava's Aupark shopping centre, owned by Wood & Company and Unibail-Rodamco-Westfield, is adding another step to improve its sustainable management. In addition to sorting, low-energy lighting and water conservation, it is now installing hundreds of photovoltaic panels on its roof. The owners are hoping to make significant savings in energy resources, most notably saving 100,000 cubic metres of natural gas per year, reports the online daily Reality.trend.sk.

Since the 1970s, the centre of Bratislava's Old Town has been divided by the multi-stream road Staroměstská Street. The City Hall, together with the Bratislava Metropolitan Institute, now has a plan to improve the area. They want to build a park and a large pedestrian plaza above the road to bring the divided city together and add a new residential and recreational space to the city, the Slovak capital's city hall has announced.

Newly approved building regulations in Slovakia will significantly reduce the endless waiting for building permits. Thanks to advanced digitalisation, the individual processes and the timeframes for their execution are shortened. Builders will thus be able to calculate the capital invested and the entire work schedule more accurately. Therefore, a new Office for Spatial Planning and Construction is being established as a central state administration body, as well as a specialised construction office for the so-called EIA of construction at the Ministry of the Environment, webnoviny.sk informs.

The fifth stage of the Bory Housing residential project is being prepared in the newly emerging Bory district in the northwest of Bratislava. This week the documentation for the Environmental Impact Assessment (EIA) was submitted. At the same time, documents for obtaining a zoning decision are being prepared. The fifth stage will bring 366 apartments to the site with construction expected to start in the first half of 2024, the developer announced this week.

YIT Slovakia has announced an international urban planning and architectural competition for the transformation of the area along Viedenská cesta (Vienna Road) in Bratislava into quality housing. The sensitive transformation of the site in the distant neighbourhood of the former "Pečnianský rameno" is to be carried out with an emphasis on ecological forms of housing and with respect for the existing environment. 6 renowned studios from 4 countries were invited to participate in the competition, YIT Slovakia informed.

Penta Real Estate has sold three real estate projects in Bratislava. The buyer is former Penta co-owner Jozef Oravkin, who left the group at the end of 2021 to set up his development and investment company, Penta announced in a press release.

The former bank atrium on the corner of Vysoká Street and 1st May Square in Bratislava has undergone an extensive transformation in recent months. The investment group Proxenta has successfully brought it to completion in just six months. The building with modern apartments in high standard has been built, writes online daily reality.trend.sk.

Bratislava's iconic Pradiareň 1900 building is now wholly owned by investment group RSJ, which has bought the entire stake of the other co-owner YIT Slovakia. The total value of the transaction is approximately €35 million. RSJ announced the change in ownership structure on its website.

Nearly 100 more apartments for young people are being built in Bratislava's Ružinov district as part of the NUPPU project. The YIT Slovakia development group continues the project's construction with the next stage, Magnolia 2, the company confirmed to Property Forum today.