The Natland investment group has become a co-investor and partner of WOOD & Co. in the acquisition of the VIVO! shopping centre and myhive office buildings in Bratislava.
The asset encompasses a leasable area of 70,000 sqm and a plot of land with an area of 3,200 sqm intended for potential residential development. The acquisition of the VIVO! and myhive shopping centre by WOOD & Co. was also approved by the Slovak Antimonopoly Office. The second phase of the transaction is planned for the end of 2026. For the Natland group, this investment is another activity on the Slovak market, this time in the field of investments in real estate and income properties.
“We believe in the potential and attractiveness of this investment, supported by our own experience and the knowledge and expertise of our partner WOOD & Co.,” says Tomáš Balvín, Investment Manager for Real Estate at Natland Group.
The shopping centre will undergo revitalisation within the WOOD & Co. portfolio, which will include, in addition to significant investments, also optimising the tenant mix with an emphasis on local services and other activities. The construction of another residential tower with approximately 250 apartments is also planned in the location. "Our goal is to transform the shopping centre into a modern local community centre that will better reflect the needs of the surrounding communities and bring them added value," said Martin Šmigura, Local Partner at WOOD & Company group for Slovakia.
