JTRE project reflects market trends in Bratislava

26
Jul
2024
News - JTRE project reflects market trends in Bratislava #Bratislava #JTRE #office #residential #Slovakia

by Property Forum | Residential

Developer J&T Real Estate is requesting a construction change permit for the Downtown Yards project, SME.sk reports. Along with minor changes, there is an important one reflecting a trend obvious since the outbreak of the COVID-19 pandemic.


JTRE has been preparing the permitting process for several years. The project brings 656 apartments and suites in residential buildings. The tallest residential tower should have 27 floors. From Plátenícká Street, the architects designed five independent multi-functional buildings. They should include shops, service establishments, smaller offices, and a kindergarten. A 35-floor office tower should also be built in the second stage. The development will be served by a three-floor underground garage with a capacity for 1,721 cars.

Currently requested changes include redesign of public spaces and adjustment of landscaping. The facades of several buildings are also to be changed, and other materials will be used in part of the project. According to the new changed plan, the second to fifth floors will no longer serve as office spaces, but short-term accommodation facilities, the hit of Bratislava resi projects in recent months as the office segment of the real estate market in Bratislava was significantly affected by the pandemic, the later inflationary crisis, and the increase in interest rates. 

The first stage of Downtown Yards should be completed between 2026 and 2027. The developer has already started selling apartments. The price of one-room apartments start at €213,000, while the price tag of the most expensive four-room apartment exceeds €900,000.




Latest news


New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


Latest news

News - Hungary construction starts Q1 with €1.8 billion in new projects
22
May
2026

Hungary construction starts Q1 with €1.8 billion in new projects

by Property Forum
Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.
Read more >
News - MAS sells Romanian and Bulgarian retail projects for net €251 million
22
May
2026

MAS sells Romanian and Bulgarian retail projects for net €251 million

by Property Forum
MAS has concluded binding agreements for the disposal of retail assets in Romania and Bulgaria worth €251.2 million, as part of its strategy to redeploy capital into opportunities with superior long-term returns.
Read more >
News - Big Poland opens retail park in Dzierżoniów
22
May
2026

Big Poland opens retail park in Dzierżoniów

by Property Forum
Big Poland has opened a new retail park in Dzierżoniów, with the 17,000 sqm development featuring over 30 stores and 500 parking spaces.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy