The Austrian company Soravia has opened a new retail zone in Liptovský Mikuláš in northern Slovakia, the Retail Park Liptovský Mikuláš. It is 9,000 square metres and is the first investment by the Austrian developer outside Bratislava. The investment totalling €22 million has created 100 jobs so far.
“We consider the opening of the modern Retail Park Liptovský Mikuláš to be a huge success,” said Hanno Soravia, CEO of Soravia Real Estate Development (SRED), cited in the press release.
In the retail park, 15 retail outlets offer an assortment of international brands. Many of them, like H&M, Reserved or Sinsay Piazza Italiana, have not been available in the region until now.
Customers of the newly opened retail park should, in addition to the inhabitants of the region, include around 700,000 tourists who visit the Liptov region every year with Liptovský Mikuláš as one its touristic centres.
The investor plans to extend the retail park next year by 4,000 square metres.
Photo: Courtesy of Soravia
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The Saudi-Arabian company Sisban has started building a brand new logistics park near the village Chocholná-Velčice in the Trenčín Region. Sihoť Park will spread over 160,000 square metres, while investments are projected at €50 million. This is the company’s first investment in Slovakia, the TASR newswire reported.
Tightening of conditions for taking mortgages has made house ownership less available for many Slovaks. Banks do not provide mortgages covering 100-percent of real estate prices anymore, and thus those interested financing a house or flat via a mortgage must pay a portion of the purchase price in cash.
New Stein, an office building recently built on the former Stein brewery premises in Bratislava has a new owner. MiddleCap Real Estate Ltd. sold the building to Prvý Realitný Fond managed by IAD Investments. Even though they did not reveal the price, the companies claim that it is one of the largest real estate transactions in Slovakia for 2018.
The prestigious architecture award Arch went to the Vallo Sadovsky Architects studio for the Nádvorie (Courtyard) project in Trnava involving reconstruction and extension of a set of historical buildings in the city centre.
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