ARTICLES LABELLED WITH TAG Juraj Šturdík

31
Mar
2025

Banks reveal their most preferred asset to finance

by Maria Novakova

Development financing in Slovakia has been challenging recently because of banks‘ high equity requirements and stringent pre-lease/pre-sale conditions, revealed panellists during a discussion at Bratislava Property Forum 2025 about property financing. On the good side, interest rates are expected to remain stable, with Slovakia's financing costs closer to Western Europe than Southern markets.

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Latest news

New leases

Panattoni has welcomed a new logistics client in Łódź. Sanmar has signed a lease for nearly 5,500 sqm of warehouse and office space within Panattoni's urban development, City Logistics Łódź VI. The transaction was brokered on behalf of the tenant by Newmark Polska.
Portland Trust has announced new lease agreements at Bucharest-based J8 Office Park, totalling around 3,800 sqm. Teleperformance (3,100 sqm), DY Nutrition (420 sqm), and Samsic (300 sqm) will collectively occupy this space.
Bebe Tei is scheduled to open in Q1 2026 a store spanning over 1,700 sqm in Iulius Mall Cluj. At the same time, dm drogerie markt will open this autumn a new unit spanning over 500 sqm in the same project.

New appointments

Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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