Lucron completes first phase of Bratislava development

28
Nov
2024
News - Lucron completes first phase of Bratislava development #Bratislava #Lucron #Residential #retails #Slovakia #Vydrica development

by Property Forum | Residential

The first stage of the new Vydrica district in the centre of Bratislava has received a valid building use approval decision. The developer of the project is Vydrica Development, a joint venture of Vydrica, a.s. and Lucron's parent company, Luxembourg's Ikopart. The manager of the Vydrica project is the development company Lucron.


The first stage includes 4 residential buildings with 207 apartments, 19 retail units on 3,000 sqm, an underground garage and two new streets – Floriánska and Oeserova. The opening of the first retail units in Vydrica will happen gradually during the first quarter of 2025. 

The new retail tenants' list promises Bistronomy and the Italian restaurant Ristorante Italiano Da Cono i tre somari, the new food concept YEME or the new hub Love Them Space, the bakery KRUH has also announced its arrival in Vydrica, and the range of services will be complemented by the pharmacy Dr. Max.

The office building Vydrica Offices, which should be opened at the beginning of next year, is already in an advanced stage of construction on the waterfront. At the same time, preparatory work for the construction of the most prestigious residential building Vydrice V4 is already underway. Both the launch of sales and the start of construction of the 2nd stage of the project are expected in 2025, the construction of the 3rd stage should start a year later.

"It's amazing to watch how the first stage of Vydrica already set a new standard for the further development of this location. I am convinced that the completion of the entire Vydrica in the coming years will create a unique and culturally rich urban environment in the sub-castle, which will serve the residents and visitors of the city for generations to come," says Zoltán Müller, Chairman of the Board at VYDRICA Development. 




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.

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