ARTICLES LABELLED WITH TAG Slovakia

As a result of the war in Ukraine, almost all companies are dealing with completely new situations and facing unexpected problems. The experts of the first panel of Bratislava Property Forum 2022 discussed how investment strategies have to adapt to the new situation.

The end of April marks one year since the announcement of the acquisition of the Aupark Bratislava shopping centre.  The actual change in the shareholder structure took place on 27 May 2021, after the financial and investment group Wood & Company bought a stake in Aupark from Unibail-Rodamco-Westfield (URW). The acquisition, worth a total of €450 million, has been hailed as the largest real estate transaction in Slovakia's history up to this date. The real estate fund AUP Bratislava, which was established in connection with the transaction, announced the amount of revenues for the year 2021.

The third fund of the Arete Group has completed the acquisition of a production site in Beluša, Slovakia, which is leased by Booster Precision Components. The value of the transaction exceeded €10 million, the company announced on its website.

Penta Real Estate is planning a new development on the banks of the Danube in Bratislava. Therefore, the company has acquired land from HB Reavis with a total area of 85,000 sqm. The price of the transaction was not disclosed. The new acquisition was reported by news portal Trend, which is part of the NMH publishing house owned by Penta Investments.

Revetas Capital, the pan-European real estate investment advisor, has announced the appointment of Michele Small as independent Board Member of Keystone CEE Scp, being nominated by the EBRD. 

Space Brokers, a Czech real estate consultancy focused on commercial real estate, is expanding its team with 2 senior consultants for Slovakia after the first year. Martin Varačka and Martin Šafárik are responsible for commercial property leasing in Slovakia now. At the same time, Lucia Voslářová joins Space Brokers as a Marketing Director for the Czech Republic and Slovakia, the company announced.

Developer Trammell Crow Company, a wholly-owned subsidiary of the CBRE Group, has appointed Petr Kovařík as Chief Logistics Officer for the Czech Republic and Slovakia. From TCC's Prague office, Petr will oversee the company's business and strategic development in the local market, as well as the selection, acquisition and financing of large-scale logistics projects in the region.  

Slovakia’s leading real estate event since 2017 is back! Property Forum’s annual conference, Bratislava Property Forum 2022 will gather speakers and attendees representing the most active local and international real estate companies to discuss hot button issues – live and in person, on 8th April.

Occam Real Estate wants to expand its development activities in Košice. After the successful acquisition of the 17,650 sqm BCT1 office building, which it bought in 2020 from the development section of the investment group Penta, it is now entering the residential development field with a €30 million project, reports the web portal reality.trend.sk.

The military boarding school Hviezda in Bratislava, also known as "Kukurica", has been dilapidated for many years. The iconic high-rise building from the 1970s has a distinctive architectural style yet is a local landmark. However, it may already be on the verge of being saved. The Ministry of Defence of the Slovak Republic (MoD) has started taking the first steps towards reconstruction, according to Slovak websites reality.trend.sk and yimba.sk.