ARTICLES LABELLED WITH TAG HB Reavis

In one of the largest transactions on the Warsaw office market in recent months, HB Reavis has leased 18 floors (30,000 sqm) in the Forest skyscraper to Bank Pekao. The second-largest bank in Poland will become the main tenant of the building. 

Penta Real Estate is planning a new development on the banks of the Danube in Bratislava. Therefore, the company has acquired land from HB Reavis with a total area of 85,000 sqm. The price of the transaction was not disclosed. The new acquisition was reported by news portal Trend, which is part of the NMH publishing house owned by Penta Investments.

HB Reavis has just obtained the occupancy permit for Forest tower, one of its flagship investments that is almost fully leased. With fit-out works now in progress in the 55,000 sqm Tower, the campus offers its full complement of 78,000 sqm GLA.

Sebastian Proć has been associated with HB Reavis for 13 years - from the beginning of the company's operations on the Polish real estate market, he held managerial positions, overseeing business development, acquisitions and development activities. Previously, he was associated with the DTZ consulting company, as well as Premiumred Real Estate Development (Investkredit / Volksbank group), Budimex Nieruchomości and Unikat Commercial Properties.

Nivy mall in Bratislava, a new shopping centre developed by HB Reavis that also includes the city’s new international bus terminal, has welcomed almost 330,000 visitors in the first week following the centre’s opening on 30 September.

Construction works on the new bus station in the Nivy complex on Mlynské Nivy Street in Bratislava are in their final stages. Developer HB Reavis is already fine-tuning the details, testing lighting, technology and information systems. The terminal will be airport-style with 36 platforms, seven drop-off points and 86 bus stands with barrier-free access, the company informs in a press release.

One of the world’s largest IT companies has picked New Apollo, currently under construction by HB Reavis in Bratislava’s New Nivy zone, as the new home for its Slovak operations. The new tenant will occupy almost 30,000 sqm of the building’s 48,000 sqm.

HB Reavis has delivered the campus-style buildings of Forest, a project focused on incorporating natural elements and greenery into the urban scape of Poland's capital. Along with it, the company topped out the 120-metre-tall Forest tower.  

HB Reavis has sold a plot of land in the centre of Prague, which was created by the demolition of the former Transgas complex, to local developer PSN for a record sum of CZK 870 million.

In light of the pandemic, HB Reavis is reassessing its approach to divestments. Peter Pecnik, Poland Country CEO and Group CFO of HB Reavis talked to Property Forum about COVID-19’s impact on the Polish office market and also shared details about the company’s financing strategy.