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Construction starts on Nové Šuty residential zone

Construction starts on Nové Šuty residential zone
Published: 2 weeks ago

CONSTRUCTION of the new Nové Šuty residential zone in Bratislava’s Vajnory borough began in mid-August. Slated for completion at the end of 2015, the development is to be built on a total area of nearly 12,000 square metres by construction firm Skanska SK.

Slovaks can afford bigger flats

Slovaks can afford bigger flats
Published: 3 weeks ago

THE AVERAGE Slovak can afford to buy a flat that is twice as big as six years ago. The housing affordability index is at a record high in Slovakia as a result of decreasing mortgage interest rates and real estate prices, as well as rising salaries.

Average prices of real estates dropped in 2Q

Average prices of real estates dropped in 2Q
Published: 3 weeks ago

THE AVERAGE price of residential real estates in Slovakia dropped in the second quarter of this year. Compared to the first three months of 2014, when prices increased slightly, they fell by €10 per square metre to €1,211 between April and June, which represents a 0.8-percent drop quarter-on-quarter. In annual terms, prices fell by 1.5 percent, according to the National Bank of Slovakia (NBS), the country’s central bank.

Eurovea changes hands

Eurovea changes hands
Published: 1 month ago

ONE OF the youngest and most visited shopping centres in Bratislava, Eurovea, changed hands in July. Its new owner is Peter Korbačka, one of the shareholders of the J&T Real Estate group, the Hospodárske Noviny economic daily wrote.

Construction in Pharos Park began

Construction in Pharos Park began
Published: 1 month ago

AFTER several years of inactivity, the first construction project has finally started in the Pharos Park complex near Bratislava airport. German company Bauhaus will invest €40 million in the building of its first specialised shop in Slovakia for workrooms, houses and gardens. It will create 150 direct jobs and another 400 jobs in related services.



Demand for industrial real estate increases

Demand for industrial real estate increases
Published: 1 week ago, Compiled by Spectator staff

DEMAND for industrial real estate increased significantly in the second quarter of 2014. Customers were looking for altogether 48,205 square metres of space, which is 9.6 percent more than in the first three months of the year. When compared to 2Q 2013, demand rose even more notably: by 27.4 percent, the CBRE real estate consulting firm wrote in a press release.

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