ARTICLES LABELLED WITH TAG Slovakia

The expansion of Arete Park Dunajská Streda has received a building permit. It will offer an additional 13,000 sqm of modern space for storage, logistics or light manufacturing, within driving distance of Bratislava, Budapest and Vienna.

Alto Real Estate has just announced the winning design for the 15,000 sqm plot located near Bratislava's Old Town, in the Mlynské Nivy – Chalupkova zone, adjacent to Sky Park development. The international architectural-urbanistic competition, conducted in two rounds, has seen seven finalists selected from 38 contenders.

The ZWIRN project in Bratislava is expanding at its last stage. YIT has launched the sale of the first part of apartments and suites of the final stage under the name ZWIRN 2.

Corwin has submitted an intention to revitalize and transform the southern, larger part of the brownfield after the former industrial plant Palma on Račianská Street in Bratislava for the environmental impact assessment (EIA).

Higher borrowing costs and the price gap between buyers' and sellers' expectations are some of the reasons why transaction volumes are significantly below the 10-year average level of ca. €10 billion. This is according to a commercial real estate investment volumes survey by Colliers presented at a February meeting of Czech and Slovak investors and other financial experts.

IAD's Prvý realitný fond real estate fund has acquired through its real estate company Logis Rugvica d.o.o. a plot of land intended for development in the Sveta Helena area, near the Croatian capital Zagreb. With this project, Prvý realitný fond is successfully starting its activities on the Croatian market.

A new high-rise building replacing an older hotel on the busy Bajkalská street in Bratislava has received an EIA approval, reports YIMBA.sk.

After an unprecedented rise in interest rates, the CE REIF fund has reassessed the price of real estate in its portfolio. Last year's loss is reaching almost 30%, reports DennikN.sk. It is the first real estate fund in Slovakia that has admitted the problems of commercial real estate.

The construction of Bratislava Vydrica by Lucron is progressing. Currently, the sale of offices in office building V3 on the Danube embankment has been launched.

The decline in residential real estate prices in Slovakia has almost stopped. Available monthly statistics are indicating when the residential property prices' bottom hit has happened, the National Bank of Slovakia reports.