ARTICLES LABELLED WITH TAG Slovakia

News Immofinanz acquires €324 million retail portfolio from CPIPG
19
Sep
2022

Immofinanz acquires €324 million retail portfolio from CPIPG

by Property Forum
As part of its value-creating growth strategy with a focus on high-return properties, Immofinanz is acquiring 53 retail properties in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group (CPIPG). The acquired portfolio has roughly 217,000 sqm of rentable space and is fully let with an occupancy rate of 99%. The purchase price totals €324.2 million. The purchase contract was signed today, together with the closing for 36 retail properties in the Czech Republic and Poland which have 108,000 sqm of rentable space. The purchase price of €191 million for those properties was financed from existing funds. The closing for the remaining 17 properties in Hungary and Slovakia is expected to take place by the end of this year.
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News Eurovea Tower gets Slovakia among countries with skyscrapers
13
Sep
2022

Eurovea Tower gets Slovakia among countries with skyscrapers

by Property Forum
Bratislava will become the 201st global city to have a skyscraper. It will happen this week while the development of Eurovea Tower will reach the 44th floor and get over the 150 metres level. The total high will be 168 metres and the completion of shell construction should be done by the end of this year, developer J&T Real Estate announced.
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News Penta Real Estate expands Bratislava land portfolio
09
Sep
2022

Penta Real Estate expands Bratislava land portfolio

by Property Forum
Penta Real Estate has bought 4.5 hectares of the land in Bratislava Nové Město district. The developer became the owner of this property in the bankruptcy proceeding in August this year. The price of the transaction was not published, the web portal TRENDreality.sk reports.
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News Immocap and Wood & Co to open office complex in Bratislava
30
Aug
2022

Immocap and Wood & Co to open office complex in Bratislava

by Property Forum
The Lakeside Park 02 office complex in Bratislava's Nové Mesto has already been approved and the first tenants will start moving in this September. The building is the result of cooperation between Immocap and WOOD & Company. The successful approval of the complex was announced by the developer Immocap.
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News Corwin sells Bratislava office centre to Czech fund ZFP
22
Aug
2022

Corwin sells Bratislava office centre to Czech fund ZFP

by Property Forum
Slovak developer Corwin has sold the Blumental office centre in Bratislava to Czech real estate fund ZFP realitní fond. With more than 21,000 sqm of lettable area, it is one of the largest Bratislava office transactions of 2022. The price of the acquisition has not been disclosed.
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News Erste expects CEE residential markets to cool down
11
Aug
2022

Erste expects CEE residential markets to cool down

by Property Forum
The fears of a recession are likely to cool down the red-hot real estate market in CEE countries, Erste specialists expect. According to them, this will be influenced mainly by surging inflation, the cost of credit and cooling down of the borrowing, and shrinking of the disposable household income which will also worsen the borrowing appetite in the coming periods. There is a change in the respondent’s behaviour too. Whereas respondents from Poland, Hungary and Croatia are open to buying or building a house, Czechs, Slovaks and Slovenians are less inclined to do so, say Erste experts in their recent special report.
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News Garbe to expand industrial park in Piešťany
09
Aug
2022

Garbe to expand industrial park in Piešťany

by Property Forum
Garbe Green Park Piestany in Western Slovakia is on course. The first 4,700 sqm hall is fully leased. The second hall, which will have a final area of 18,000 sqm, is just starting to be built. It should be ready early next year. The news was announced today by the developer.
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News Arkon starts last stage of €15 million resi project in Zvolen
08
Aug
2022

Arkon starts last stage of €15 million resi project in Zvolen

by Property Forum
The third and final stage of the Hron Residence project in Zvolen, Slovakia, is now starting to be built. Arkon, the developer of the €15 million project, has announced the final stage launch on its social media.
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News Slovakia's industrial market continues to thrive
02
Aug
2022

Slovakia's industrial market continues to thrive

by Property Forum
In the Q2 of 2022, the Slovak economy was primarily marked by flaming inflation that puts raw materials costs at new heights. On the other hand, in the same period of this year, the Slovak industry recovered. This was mainly due to the automotive industry which continues to be the driving force of Slovakia’s economy. The office market went through a major change, as most of the stock was reclassified by the Bratislava Research Forum. And in retail, there were fewer projects under construction due to consistently growing construction materials costs and delivery length, the Cushman & Wakefield presents in their new Marketbeat report on the Slovak economy.
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News Bratislava Research Forum to reclassify office buildings
08
Jul
2022

Bratislava Research Forum to reclassify office buildings

by Property Forum
Following the example of the Czech Republic and other European countries, the Bratislava Research Forum is starting the reclassification of office buildings in Bratislava as of Q2 2022.
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Latest news


New leases

  • Dr. Max, HIGH-TECH SYSTEMS & SOFTWARE (HTSS) and REO Medical have leased a combined area of more than 8,000 sqm in Bucharest-based J8 Office Park, owned by Portland Trust.
  • Financial companies VSR and Ebury have leased a combined office area of 1,500 sqm in Bucharest-based America House. The leases were brokered by Cushman & Wakefield Echinox.
  • The Champs Sports Bar has opened in the Barceló Warsaw hotel, in the Elektrownia Powiśle mixed-use complex, where all major sporting events are broadcast on seven panoramic screens.

New appointments

  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.
  • Cushman & Wakefield Echinox appointed Cristina Lupașcu as Head of Marketing. She joined Cushman & Wakefield Echinox in 2021 as Director PR & Research, being responsible for assisting both the PR & Marketing and Research departments. Lupașcu has more than 20 years’ worth of experience in media and real estate.
  • Karolina Kunciak, an expert with experience in retail consultancy, has joined CBRE Poland. She will be responsible for high streets.

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