XXXLutz to build another store in Bratislava in 2024

31
Jul
2023
News - XXXLutz to build another store in Bratislava in 2024 #Bratislava #construction #furniture #Ikea #retail #Slovakia #XXXLutz

by Property Forum | Retail

Austrian company XXXLutz plans to build a new store in the north of the Slovak capital near the new Bory Hospital, writes HNonline.sk.


"The whole Slovak Republic will be XXXL," was the campaign of Austrian furniture maker XXXLutz three years ago. Back then, it opened five stores in Košice, Poprad, Nitra, Banská Bystrica and Bratislava. It was a transformation of the former Kika department stores. At that time, the retailer made no secret of its ambition to become the market leader in its field in Slovakia. According to HNonline.sk, the world's second-largest furniture retailer is apparently doing well and is thus going to further expand its basic network. In addition to Žilina, where the construction of a new store is progressing, it has its sights set on other plots of land in the capital, where one of its stores already operates on Galvaniho Street. The chain should soon expand with another store in the growing Penta zone in the north of Bratislava, immediately next to the new Bory Hospital.

The Ministry of the Environment is currently assessing a plan submitted by developer RAS Immobilien SK, also responsible for the Nitra store, which will employ 60 workers. The Bratislava one, however, will have three floors, according to the daily, which cites reality.trend.sk, and construction is scheduled to begin in early 2024. The same year is also estimated for the project's completion. Compared to Nitra, the Bratislava operation will employ 56 people, while the project's authors expect an average of 333 visitors to turn up at the store daily. They will also build a parking lot for about 250 cars.

"XLSK Nábytok, the company under which the chain belongs, closed last year with record sales and profits and is currently the number two on the Slovak market after Ikea," writes the economic website, adding that the success is also due to the absorption of Möbelix SK, which was dissolved on 31 March without liquidation.




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


Latest news

News - Bucharest apartment sales drop 18.6% in early 2026
16
Mar
2026

Bucharest apartment sales drop 18.6% in early 2026

by Property Forum
The residential market in Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period last year, while in Ilfov County the decline was 10.9%, according to an analysis by Crosspoint Real Estate,
Read more >
News - Innovinia renews lease for 10,000 sqm in IGPark Kecskemét West
16
Mar
2026

Innovinia renews lease for 10,000 sqm in IGPark Kecskemét West

by Property Forum
Innovinia and its international manufacturing partner have renewed their lease agreement for another 10 years for the company's more than 10,000 sqm facility in IGPark Kecskemét West industrial park.
Read more >
News - Lidl to invest €285 million in Romanian expansion
16
Mar
2026

Lidl to invest €285 million in Romanian expansion

by Property Forum
Lidl Romania continues to invest in the country and announces for the financial year 2026 (1 March 2026 – 28 February 2027) an expansion plan of over €285 million, dedicated exclusively to extending the national network with over 40 new stores.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy