HB Reavis has sold Twin City A, a modern office building located in close proximity to Bratislava city centre in Slovakia, to Prvý realitný fund (PRF), managed by IAD Investments with a transaction yield of 6.5%. The building, located in the Mlynske Nivy business district of Bratislava, was completed in 2015 and offers approximately 16,500 sqm of leasable space, which is fully let to a number of tenants, including PWC, Merck Sharp & Dohme, Bayer, BNP Paribas Slovensko and Sfera.
Twin City in Bratislava is currently one of the biggest regeneration projects in Central Europe. HB Reavis started construction on site in 2011 and will progressively develop the twelve phases of this development, creating a new modern business environment, easily accessible by all means of transport, bringing back to life a previously neglected part of the Bratislava capital.
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