ARTICLES LABELLED WITH TAG Slovakia

ITB development is changing the plans of the fourth phase in the Čerešne residential district, YIMBA.sk reports. The original intention has included a hotel or an accommodation facility with hotel apartments Čerešne Inn. Now it is being converted into apartment living. 

The National Highway Company has submitted to the Ministry of Transport of the Slovak Republic a request for the issuance of a certificate of strategic investment for the construction of the D4 highway in the Bratislava-Rača - Bratislava-Záhorská Bystrica section. 

In the second quarter of 2024, the total office space in Bratislava has reached almost 2.1 million sqm, while the share of vacant offices has decreased, according to the quarterly report of CBRE.

The total rental activity of industrial and logistics real estate in Slovakia has reached 180,000 sqm in Q2 2024, a 92% increase compared to Q1. The automotive sector has carved out almost a third of all leased space. This data has followed from the quarterly CBRE report.

Year-on-year inflation in Slovakia has been around 2% since March, a CBRE report on retail figures has revealed. Year-on-year prices have been higher in 11 out of 12 expenditure groups of households. 

The surface of an asphalt parking lot has heated up to an average temperature of almost 52°C during a hot summer day. The green area with vegetation in its immediate vicinity has been at the same time up to 22°C cooler. The Slovak developer Corwin has brought this data resulting from a thermal imaging inspection by Terradron. 

Grafobal Group Development has received the first permit for the Patio project on Hraničná Street in Bratislava, reports Yimba.sk. The former brownfield is going to change into a mixed-use development.

MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.

The first half of 2024 has seen CEE investment volumes increase by ca. 29% YoY. According to preliminary results, this is contrary to European and Global results, where activity is still subdued. Given the current conditions, Colliers expect 2024 volumes could reach up to ca. €5.5 billion, around half of the 10-year average, as it has revealed in its latest “H1 2024 Investment Scene” report.

CTP has leased circa 18,000 sqm of industrial and logistics space at CTPark Prešov South in Slovakia to a Chinese company producing interior parts for the automotive sector.