The developers is making waves again with eye-popping pricing, but the residential market is far healthier this time. Once again, the Slovak developer J&T is making waves on Bratislava‘s residential market with an aggressive pricing strategy on one of its projects. This time, it‘s Panorama City, a 600-unit project located [...]
Penta has secured bank financing for Digital Park I and II in Bratislava, along with an investment loan for its new...
In a move to pour more capital into its Slovak sister company Doprastav, Czech construction giant Metrostav has purchased...
Bratislava’s total stock office stock remained unchanged at 1.5 million sqm in the last quarter of 2012, as there...
Slovakia‘s property financing sector has a clearer idea on how to support investment. What‘s changed for you in the past 18 months as far as your lending policy goes? About a year ago we were in a situation as a group in which we were ensuring that in the [...]Read more ›
In spring, construction works could re-start on the City Park shopping center in Nitra. Euro City Park, an SPV established by the majority shareholder Doprastav in partnership with ICT Istroconti, should obtain the construction permit in February. While local opponents of the project are expected to appeal, they won’t be [...]Read more ›
PointPark Properties SK plans to build a warehouse and manufacturing area focused on suppliers of car parts. the area, to be located in Velká ida near Košice, Slovakia, will cost the developer €5.5m. The project, currently undergoing an Eia, would offer roughly 2,700 sqm of warehouse space and 5,000 sqm of [...]Read more ›
Bratislava‘s lack of new office supply means that large spaces are now in short supply, and that headline rents have stiffened at €12 There were just four new office buildings completed in 2012 in Bratislava, and it‘s a sign of the times that this was only one less than was [...]Read more ›
ECE secured a planning permit for its project in Hradec Králové, which includes refurbishing the local football stadium and building a shopping mall next to it. The project is expected to cost CZK 3bn. ECE is cooperating closely with the city on the project. The developer will buy land it [...]Read more ›
Developers of commercial real estate in Slovakia are in no rush to take on risk as they wait to see if the crisis will finally recede. After a year that featured a wide variety of completions on commercial real estate projects, 2013 is looking considerably slower so far. The only [...]Read more ›