ARTICLES LABELLED WITH TAG Bratislava

Slovakia’s leading real estate event since 2017 is back! Property Forum’s annual conference, Bratislava Property Forum 2022 will gather speakers and attendees representing the most active local and international real estate companies to discuss hot button issues – live and in person, on 8th April.

The military boarding school Hviezda in Bratislava, also known as "Kukurica", has been dilapidated for many years. The iconic high-rise building from the 1970s has a distinctive architectural style yet is a local landmark. However, it may already be on the verge of being saved. The Ministry of Defence of the Slovak Republic (MoD) has started taking the first steps towards reconstruction, according to Slovak websites reality.trend.sk and yimba.sk.

Premium rents in Prague to rise and interesting incentives from landlords are expected. There is also a growing interest in office rents in Brno, which is responding to the growth in rents over the past two years. Premium rents also grew slightly in Ostrava. Leasing activity in Bratislava is keeping pace with new construction and, together with Vienna, is expecting a recovery. In Warsaw, upward pressure on premium rents will grow, but there is likely to be an easing of existing incentives for tenants. Budapest is gradually recovering from the covid crisis. Rents will remain stable this year, reports CBRE.

The Railways of the Slovak Republic (ŽSR) intends to sell its railway hospital with a clinic and hostel in Trnavský Mýto in Bratislava. The sale will take place in the form of an electronic auction, which starts at a starting price of € 19.9 million excluding VAT, online daily trend.sk quotes the announcement of the tender published on the ŽSR website.

Earlier this week, Prague Mayor Zdeněk Hřib and Warsaw Mayor Rafał Trzaskowski visited the Ukrainian capital and invited Kyiv to join the Pact of Free Cities. Founded in 2019 by the mayors of Bratislava, Budapest, Warsaw, and Prague, the pact aims to strengthen the values of freedom, dignity, democracy, and the rule of law.

Lease transactions on Bratislava's office market reached approx. 98,000 sqm in Q4 2021, which represents a 124% increase in leasing activity compared to the previous quarter. The Bratislava Research Forum announced the office market figures for Q4 2021.

Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.

Total investments in commercial real estate in Slovakia in 2021 exceeded €750 million which exceeded the volume of investments in the pre-crisis year 2019. Prime yields decreased over the past year, confirming the attractiveness of investing in the commercial real estate market in Slovakia, says Cushman & Wakefield.

Christie & Co has advised global real estate investment manager Invesco Real Estate on the sale of the Mercure Bratislava Centrum Hotel to CPI Property Group.

Local developer Haberl Real Estate announced a new residential project, Green Atrium in Bratislava’s Ružinov district. The project consists of 3 blocks and an inner block. It will provide 83 residential units, underground parking and up to 1,500 sqm of greenery located in the courtyard and on the roofs of buildings. Start of construction is expected to take place in Q3 2022, while completion is scheduled for 2025.