News Article Bratislava Cushman&Wakefield Primark retail shopping Slovakia
by Property Forum | Retail

Irish clothing chain Primark‘s long-anticipated market entry into Slovakia has been confirmed as the company has signed a lease agreement with Eurovea. At the same time, the shopping centre has announced that it reached 70% occupancy in the forthcoming extension. Cushman & Wakefield facilitated the transaction.

Following the completion of the enlargement in 2022, Eurovea will cover 84,000 sqm – of which Primark’s first Slovak store will occupy 3,660 sqm of net retail space over two floors. “Primark’s decision represents a significant success story for us – and a key milestone for the whole expansion project. This is a sure sign of strong market confidence in our project,” said Eurovea’s owner, Peter Korbačka.

“Primark has been looking for a suitable location to open the company’s first store in Slovakia, and we are delighted that our first store here is in this fantastic state-of-the-art shopping centre. Eurovea is a well established shopping and entertainment destination for people living in Bratislava and we look forward to offering our amazing fashion to its visitors in the future," says Jose Luis Martinez de Larramendi, Primark's Retail Manager for the US and CEE.              

Primark is just one of several new brands that Eurovea’s extension will deliver to the Slovak market. In addition, the enlarged shopping centre will offer visitors the largest food court in Slovakia, an extended Danube promenade, new restaurants, cafes, and relaxing public spaces designed by world-famous architect Beth Galí. With 100 new shops primed to open, Eurovea will lead the Slovak retail market with 300 shops in one place.

Only approximately 25% of the planned Eurovea extension remains available.