ARTICLES LABELLED WITH TAG Bratislava

Bratislava's downtown has a new tall building. The Mill, by developer Immocap, is nearing completion and recently took down the scaffolding to reveal the final form of the high-rise project, real estate website yimba.sk reports.

Developer J&T Real Estate is currently completing the Eurovea II project in Bratislava and the new multifunctional Ganz House project could soon be underway too, real estate website yimba.sk reports.

The neglected premises south of the National Bank of Slovakia building should soon change. A new development has been in the pipeline since 2018. Originally, the developer was Penta Real Estate. At the beginning of 2022, however, the plans in the locality were transferred to the portfolio of the new company Alto Real Estate, which was created by splitting off from Penta, yimba.sk reports.

Rebounding industrial production and easing inflation are helping the Slovak economy to avoid recession. In the industrial market, it is visible robust construction growth and demand surge. The office sector is resilient but vacant subleased spaces are increasing, while the rental rates are stable amid yield increases. Nevertheless, Slovakia's retail sector is facing challenging dynamics as market limitations amplify alongside a cautious expansion trend, largely due to geopolitical and economic uncertainty, Cushman & Wakefield reports in its Marketbeat Analysis for Q2 2023.

Austrian company XXXLutz plans to build a new store in the north of the Slovak capital near the new Bory Hospital, writes HNonline.sk.

Developer Penta Real Estate is progressing in the construction of a new quarter in Bratislava Bory. The zone is gradually growing, with residential buildings, retail objects and necessary amenities being added. After a period of wild growth without an obvious unifying concept, the first signs that Bory will one day resemble a real city are beginning to appear, YIMBA.sk reports.

Bratislava's socialist hotel will be transformed into a multifunctional building with office space and apartments. Its redevelopment is now planned by the developer Imoba fin, writes the Slovak daily Hospodárské noviny. However, further details regarding the price and timetable have not yet been revealed.

Proxenta's latest residential project, Kesselbauer, is being finalised these weeks. The luxury residence right in the centre of Bratislava has already completed all the construction works and only the landscaping in the courtyard remains. The project is now in the approval phase and the approval process is expected to be completed in a few weeks, real estate portal YIM.BA reports.

Bratislava-based investor-developer Synapsis Property Ventures is preparing a set of 37 family houses, with the aim of creating community family housing, near the Slovak capital’s Knižkova dolina area. Each house will have approximately 140 sqm of net usable area. The estimated investment of the project is €20 million.

Penta Real Estate announced the finalisation of their newest land acquisition in the centre of Bratislava. The company bought a 3-ha (30,000 sqm) plot of land that is bordered by Mlynské nivy, Chalupkova and Košická streets. The seller is HB Reavis. Both parties have agreed that the amount of the transaction will not be disclosed.