JTRE to complete large Bratislava project soon

14
Mar
2023
News - JTRE to complete large Bratislava project soon #Bratislava #development #JTRE #Slovakia

by Property Forum | Retail

After over three years of construction, J&T Real Estate (JTRE) will start to hand over respective parts of the enlarged Eurovea area. The opening of new roads and cycle paths will be followed by the ribbon cutting for the bigger shopping centre and public spaces, followed by Riverside residences, Pribinova 34 and 40 admin buildings, green areas, and Eurovea Tower - the first skyscraper in Slovakia.


Construction of the already opened extension of Pribinova Street by Apollo Bridge with cycle path - and the road behind the Slovak National Theatre - comprises JTRE's beneficial public investment in connection with the Eurovea project. In addition to the mandatory municipality fee of €4.2 million, JTRE has invested over €34 million in public spaces and infrastructure. Coupled with ground remediation costs (necessary due to an environmental burden dating from the WW2 bombing of Apollo refinery), public benefit investments surpassed €40 million.

These investments also include an extended promenade with waterfront park and new public square (where the Octahedral Body sculpture by Viktor Frešo - winner of the public tender - will be displayed), as well as the transformation of Pribinova Street into a contemporary city boulevard ready to incorporate a tram line. Public spaces were created in accordance with the concept of world-famous architect and urban planner Beth Galí.

“Public spaces for relaxation and active leisure, as well as green areas, are an essential part of the enlarged Eurovea, and we gave them special attention. So Eurovea stands out from similar projects in terms of the size and attraction of public spaces. The rebuilding of Pribinova Street will shift up to 80% of vehicle traffic underground, and thus create a boulevard with wide pavements and a safe cycle path (which will connect to Apollo Bridge and the international cycle path on the Danube’s southern bank). Water features and plentiful greenery will ensure climatic well-being. A leafy avenue will provide shade to prevent pavement surfaces from radiating heat, and will create a pleasant environment for local visitors, employees, and residents. Convenient and safe pedestrian flow will also be supported by boulevard crossings as main foot routes, and seamlessly connect Bratislava’s city centre with the Danube embankment," explains Pavel Pelikán, JTRE’s executive director.

Public spaces will open up until this September, and both administrative buildings as well as the Riverside residential building should receive usage approval in summer of this year. Pribinova 34, which is directly connected to the shopping centre and has the BREEAM Excellent ecological certificate, has received the first award - CIJ Award Slovakia 2022 for the best office project under construction. Pribinova 40 near Apollo Bridge - with the highest BREEAM Outstanding sustainability certificate - has a unique design with various office configurations.

While only interior work remains underway on other buildings, Eurovea Tower - Bratislava’s striking new landmark - still needs to complete the upper floor facade and crown off the architectural highpoint. "Skyscraper construction is a unique multitasking procedure. While we were still pouring concrete on the upper floors, the middle floors partition walls were being built, and on the lower floors tiling, sanitary fittings, and interior items were being installed," explains Ľuboš Kaštan, JTRE project manager with responsibility for Eurovea’s enlargement.

This outstanding project - in an extremely attractive riverside location and in Bratislava’s vibrant new contemporary centre - has attracted strong interest from buyers, as well as the general and professional public. "This is the highest interest we’ve seen in any of our residential projects -  Eurovea Tower and Eurovea Riverside have been selling like hot cakes since day one," adds Pavel Pelikán.




Latest news


New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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.


Latest news

News - Ukraine's commercial property market sees growth in compact formats
12
Jul
2026

Ukraine's commercial property market sees growth in compact formats

by Property Forum
Halfway through 2026, Ukraine's commercial real estate market presents a picture of cautious resilience: no segment is booming, but none is collapsing either. Across retail, office and industrial property, the common thread is the same:  a persistent shortage of quality supply is doing more to shape rents and vacancy than any surge in demand.The URE Club (Ukrainian Real Estate Club) has summarised the key trends driving the market in an article for Property Forum
Read more >
News - Budapest housing demand drops as market cools
12
Jul
2026

Budapest housing demand drops as market cools

by Property Forum
Demand for residential property in Hungary continued to cool in June, with zenga.hu recording a 5% drop in interest in homes compared to May, and a 24% decline against last year's monthly average. Budapest saw the sharpest fall.
Read more >
News - Diversification into healthcare remains a strategic priority for CPI Romania
10
Jul
2026

Diversification into healthcare remains a strategic priority for CPI Romania

by Property Forum
Fulga Dinu, Country Manager, CPI Romania, talked to Property Forum about the company’s strategy of resilience through diversification. She highlighted the growing integration of healthcare into office assets and the large-scale remodelling of Sun Plaza.
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