ARTICLES LABELLED WITH TAG Slovakia

Immocap presented an updated design of the new Istropolis in Bratislava. The project already has a valid zoning decision and construction is expected to begin in the summer of 2025. 

After the building use approval for the first stage at the end of last year, the new Bratislava district Vydrica is gradually filling with new residents. 17 retail premises out of 19 are also already leased.

CPI Europe Group (formerly known as Immofinanz) is selling an office and retail complex in the Slovak capital to WOOD & Company, thus taking another step in its strategic portfolio optimisation. The property portfolio comprises two myhive office buildings, a VIVO! shopping centre and a 3,200 sqm plot of land with potential for residential development.

Bajkalská Street in Bratislava is a step closer to transformation into a modern city district. The mixed-use complex Aston 2.022 from the developer Estate 01 has already managed to obtain the first important approval - environmental impact assessment. The developer is moving to the next permitting stage, Yimba.sk reports.

The investor SIAG Multipurpose Center, belonging to the Austrian investment holding, has received a decision on environmental impact assessment for the next stage of the Petržalka City project in Bratislava, reports YIMBA.sk.

Penta Real Estate has announced a change in the management of the Slovak part of the company. The current Country Managing Director Juraj Nevolník is leaving the company for personal reasons. He is going to be replaced by Michal Rehák, currently working in the Business Director position. 

After many attempts, approval and subsequent rejection, the new Construction Code has finally been approved in Slovakia, reports YIMBA.sk. It is supposed to be one of the important tools contributing to the economic competitiveness of Slovakia by simplifying and speeding up construction procedures. 

At the end of 2024, the Slovak residential real estate market has seen prices increase by 3% between quarters. Year-on-year growth rose to 6.7% over the same period. All types of apartments, as well as family houses, have become more expensive, comments Roman Vrbovský, the analyst at the National Bank of Slovakia in its latest market analysis.

The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 

P3 Logistic Parks is expanding its presence in the central Považie region of Slovakia by acquiring an existing park and adjacent land near Nové Mesto nad Váhom.