HB Reavis to start new Bratislava project

03
Apr
2017
News - HB Reavis to start new Bratislava project

by Ákos Budai | Retail

HB Reavis has received the green light to start work this summer on Stanica Nivy, a new shopping centre and international bus station in Bratislava, after successfully gaining construction consent. The entire project is being financed by HB Reavis, representing a total investment volume of €345 million.


Designed by London architects Benoy and local architecture practice Siebert+Talas, the mixed-use scheme will deliver 70,000 sqm of retail space, a 30,000 sqm office tower and a new 30,000 sqm international bus station. The plans will also include reconstruction of the nearby Mlynské Nivy street.

The scheme is expected to attract over 50,000 visitors daily when it opens in 2019. As many as 20,000 travellers are expected to use the new fully integrated bus station on a daily basis.The developer is also working to develop a new cable car system to connect both banks of the Danube River to alleviate traffic during the construction process as well as improve the city’s overall infrastructure long term. 

The entire project is being financed by HB Reavis, representing a total investment volume of €345 million (€270 million for the international bus terminal, shopping mall and marketplace, €75 million for the office building). The project works also include a significant investment by HB Reavis into the area’s technical and transportation infrastructure in the region of €24 million.


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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