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.

The Penta Group is changing its approach to financing its business – it is preparing new investment funds to offer investors a stake in Penta projects, reports Newstream.cz.

The Agadu residential complex in Bratislava has entered the EIA process, Yimba.sk informs. It is replacing the brownfield and warehouse area on Agátová Street. Due to the development size, the investor Agadu, close to the construction company Hornex, has planned to execute the construction in stages.

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.

Lucron has received a building permit for the new Rakyta family housing project in Bratislava's Devínska Nová Ves. In partnership with Across Group, it is now beginning with the construction.

Garbe Industrial Real Estate CEE has completed the sale of Garbe Green Park Piešt'any in Slovakia. The nearly 28,000 sqm industrial park is fully leased. The buyer is Patria investiční společnost, a.s., part of ČSOB. 

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.

The general assembly of Tatry Mountain Resorts has agreed to issue approximately 6.3 million of new actions. The tourist operator is hoping to get up to €120 million of new capital.

The demolition of an office building is being prepared next to Bratislava's Miletičova market. The developer Intrade Financial Investments wants to make room for its new mixed-use project Nový trh, reports SME.sk.

Family office Pannonia Group, together with the Austrian family office of IPD Innovation Park Development, has announced the completion of the transaction of the purchase of a historic building on Štúrova Street in Bratislava from Československá obchodná banka.