ARTICLES LABELLED WITH TAG JTRE

Developer J&T Real Estate is requesting a construction change permit for the Downtown Yards project, SME.sk reports. Along with minor changes, there is an important one reflecting a trend obvious since the outbreak of the COVID-19 pandemic.

The developer WOAL, where JTRE and Cresco Real Estate are partners, has been preparing the concept of the development of the former Culture and Recreation Park in Bratislava for almost 10 years. For its part, Cresco has already received a valid decision on the location of the building earlier in 2024. JTRE, based on the announcement on the official board, is starting the proceedings for its parts now, reports YIMBA.sk.

JTRE is developing a new neighbourhood on a four-hectare area on Rohanský island in Prague 8 – Karlín, including over a thousand apartments with shops and services. The sale of the first stage has been opened.

Developer Penta Real Estate has made progress in the preparation of the Southbank project and entered the environmental impact assessment, reports Yimba.sk. The key owners, the developers J&T Real Estate and Penta Real Estate, are planning to build a new mixed-use zone near the Danube Embankment in Bratislava.

Developer JTRE has started construction on the Ganz House project, reports Yimba.sk. The project is part of Eurovea City between Landererová Street and the Danube embankment.

In the foreseeable future, the centre of Bratislava should expand to the right bank of the Danube River. The key project, Nové Lido by J&T Real Estate, entered the first part of permitting, informs Yimba.sk.

JTRE has opened its residential project Downtown Yards in Bratislava for pre-sale and 20% of the stock is gone. This may indicate the asset class's return to a healthier status after a two-year slowdown.

JTRE is strengthening its position as an international developer. It has established a German branch and has announced its first project in the central Berlin location.

For 10 years, developer JTRE has been planning a project for Nové Lido on the Danube’s right bank in Bratislava. This new urban district is foreseen to rejuvenate the area between Old Bridge and Apollo Bridge in Petržalka.

The residential market in Slovakia has almost stopped. The top ten Slovak developers have sold a total of fewer than 800 apartments in Slovakia, as 2023 figures are showing in the ranking on Index.sme.sk.