Prešov, as the last regional capital, has finally gotten a bigger shopping centre. The Eperia Shopping Mall opened on Friday, November 24. During the first weekend about 70,000 people visited, the Trendreality.sk website reported.
“Eperia is our first project in the retail sector of such a size,” said Pavel Pelikán, executive director of the developer J&T Real Estate, as cited by Trendreality.sk.
Eperia, located in the business zone of the Sekčov housing estate, covers an area of 22,000 square metres and in terms of its size it is the 20th biggest in Slovakia.
It has brought more than 100 shops and services to Prešov including H&M, C&A, Lindex, Ecco, New Yorker, Yves Rocher and the Italian brand Sherri Hill, which is a novelty in Slovakia.
Fashion makes up the biggest part of the centre, accounting for 58 percent when the supermarket is not taken into consideration. Specialised shops for toys, sports accessories and bookshops make up almost 12 percent of the area while cuisine and food outlets account for more than 10 percent. Services have a 9-percent share.
It took J&T Real Estate 17 months to build the shopping centre while the project preparation itself goes back to 2007. The costs amounted to €50 million.
The shopping centre is managed by CBRE Slovensko.
“We assume that the opening of Eperia will finally satisfy the demands of Prešov’s citizens, whose purchase power has not been fully utilised so far,” said Peter Pohanka of CBRE, adding that until recently Prešov had at its disposal only 207 square metres of retail area per 1000 citizens while the Slovak average is as much as 842 square metres. The opening of Eperia has increased this average to 451 square metres.
The investor expects that about 12,000 people will visit the centre daily. Prešov itself has 90,000 citizens.
At the end of 2018, the offer of housing units in newly finished apartment buildings in Bratislava hit a low since 2002-2005, when this market started developing in Slovakia. This resulted in an increase of average prices of apartments.
The iconic building of the British retail chain Tesco department store in the centre of Bratislava has changed hands. The new owner of the building is the Mirage Shopping Center company of Žilina-based businessman George Trabelssie. Since 2016 the retail chain Tesco has sold five department stores across Slovakia. Trabelssie, who is close to former chair of the Slovak National Party (SNS) Ján Slota, acquired Tesco department stores also in Nitra and Žilina, the Hospodárske Noviny business daily reported. Tesco will continue to operate in the building on Kamenné Square as it will rent the premises.
The reconstruction of the Park Inn by Radisson Danube hotel in Bratislava has become the ugliest new building constructed between the years 2011 and 2018. As much as almost one third of 1002 participants in a survey organised by the website Trend Reality of the economic weekly Trend voted for it. The weekly launched the survey in early December. Its goal was to start a discussion and hold up a kind of mirror to developers.
Prices of apartments grew at a two-digit pace in Slovakia in 2018. The average price of an apartment increased from €1,479 per square metre to €1,655 per square metre during the first 11 months of 2018. This means an increase of €176 per square metre or 11.9 percent, Vladimír Kubrický, analyst with the Real Estate Union, told the TASR newswire.
Bratislava’s Old Town has gotten a new square. It is part of a new office-residential complex called Blumental, built by the development company Corwin. It is flanked by streets Mýtna and Radlinského and interconnects with them. It was named after mediaeval King Matthias Corvinus, Matej Korvín Square.
Bratislava is scheduled to get a new landmark within a few years. The developer J&T Real Estate (JLRE) has obtained a development permit for the project of extending Eurovea on the Danube embankment. Included is the 168-metre high Eurovea Tower, the first building in Bratislava that meets the latest criteria for being called a skyscraper, i.e. higher than 150 metres. The residence tower will have 47 storeys and have almost more than 380 residential units. The project will add 84,000 square metres of retail premises to the existing ones in the first phase of Eurovea, the Hospodárske Noviny wrote.
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.