A new residential project is due to start near Piešťany. The Stavoprac company has begun construction work on the Beňovský Residence in the town of Vrbové which will provide almost thirty flats according to Trend Reality.
The new project, between the streets of Beňovského and Komenského in the centre of Vrbové, will cover an area of 1.693 square metres and will provide 29 flats and three non-residential spaces. These will be arranged as three, 4-storey blocks with underground garage space for 43 cars.
“There will be seven one-room flats, 10 two-room flats and 12 three-room flats,” explains Michal Žitník, reality consultant for Neoreal, the company responsible for selling the project, for Trend Reality.
The company has already started selling the lots. The initial price of the Flats ranges from €1, 129 to €1,698 per square metre. This price includes cellar space. Parking space will cost €9,000, Trend Reality wrote.
“The final inspection is planned for April 2018,” stated M. Žitník, as quoted by Trend Reality. The designers of the architectural plan are the Beef Architekti studio.
Photo: Vrbove online/Facebook
Construction and expansion of shopping centres in Slovakia will continue. “Slovakia expects extensive construction and expansion of shopping centres in 2017 and 2018,” said Katarína Paule, head of the retail team at Cushman & Wakefield in Slovakia. “In 2017, there will be as much as 56,258 square meters in total to be completed, with 83 percent being new shopping centres, and 17 percent planned expansions of already existing projects.”
Arete Invest, a Czech investment fund focused on real estate, plans to invest around €30 million in Slovakia in 2018. It is considering new construction on industrial premises it already owns as well as new acquisitions. The company sees great potential in the Slovak market.
The new residential area of Slnečnice that is being built on the outskirts of Petržalka will get a new shopping centre, Slnečnice Market. There will be more than 30 shops, restaurants, cafés, a fresh produce market and others on 8,300 square metres. The first phase of the opening is planned for November 30 and the second for the following weeks. The centre will also offer 195 parking places for the public.
The new development that is rising on the premises of the former Bratislava Thread Factory, colloquially known as Cvernovka, is getting a new name – Zwirn. The new name symbolises a move forwards as well as connecting the whole zone with its history, claims the Slovak-Finnish developer YIT Slovakia. The factory has changed names several times over the years. It was called Pozsony Csernagyar, Pressburger Zwirnfabrik, Bratislavská Cvernová Továreň, Danubia, and Závody MDŽ 8. Marca.
A thorough refurbishment of the Trnavské Mýto pedestrian underpass, a dilapidated but significant hub of public transport in Bratislava, was launched on October 16. Works are projected to last nine months with the plan being to open the renewed underpass in mid July 2018. The work will be divided into phases in order that people can use the underpass during its revitalisation. The Immocap Group are the company responsible for the refurbishment and will invest €2.5 million into the project while Bratislava city council will provide €1.2 million for the purchase and installation of new escalators and lifts.
Coca-Cola HBC Česko a Slovensko, a company within the Coca-Cola Hellenic group, has sold its production and distribution premises of 155,000 square metres, including all technologies, in Lúka near Piešťany to Priemyselný Areál Lúka. The deal followed the decision of Coca-Cola to move its production from Slovakia to Austria. Both parties agreed not to disclose the value of the transaction.
Slovak-Finnish company YIT Slovakia has launched the sale of apartments in the third phase of the STEIN2 project in Bratislava. For the first time, there are apartments with terraces on offer. The final building approval is expected during the last quarter of 2018.