Klingerka, a new real-estate project in the centre of Bratislava, will start the sale of its flats in April.
The construction of Klingerka, is planned to begin at the end of this year and is unusual because the company intend to build it in a single step. J&T Real Estate are responsible for many new and existing developments in the city centre and are keen that the Klingerka complex should develop and compliment the existing vistas of the capital. To this end they have assessed the land carefully in order to take into context the forthcoming development of a new urban area.
The complex will be built near Prístavná ulica upon the site of a former textile factory established in 1888 by Henry Klinger to process jute or ‚Klingerka‘ (hence the name) whose workers lived in a nearby residential colony called the Klinger Colony.
The plan is to build a 35 floor block of flats with an 11 floor administrative office building set further back. They will be connected by a garage with more than 600 parking spaces. J&T also plan to furnish the immediate neighbourhood with a new public park including sports facitities, a fitness park, a children’s playground, a relaxation zone and a public square. The green areas of the complex will cover 4,000 square metres
“The bi-concave ground plan of the block of flats enables the placing of a vertical core and stairs in the centre that helps with the evenness of the disposition of the flats. At the same time, this shape contributes to thin object viewing,” describes architecture of the complex, atelier GFI.
The administration building offers about 10,000 square metres of rentable area with a BREEAM certificate - Excellent. In addition, there will be almost 400 flats available ranging between 2-bedroom and 4-bedroom of a disposition and size commensurate with quality city living. For example, wooden parquet floors come as standard. Prices start at €2,200 per square metre.
The construction works are planned to be completed between the end of 2019 and the beginning of 2020.
Photo: J&T Real Estate
The main industrial regions in Slovakia are reporting a lack of accommodation capacity for workers. These are in the vicinities of industrial and logistics parks mostly along highways connecting Bratislava with Košice (D1), leading from Bratislava to the Czech Republic (D2) and the dual carriageway from Trnava to Banská Bystrica (R1).
The developer, belonging to the Bencont Group has already started pulling down the buildings and cleaning the three-hectare area. “We believe that Rínok Rača, which we will begin to construct soon, will be the new centre of the borough and will naturally fit into the life of its citizens,” said Martin Šimurda, representative of the developer Rínok Rača, as cited in the press report.
The new indebting rules tightened by the National Bank of Slovakia (NBS) will primarily impact citizens of the Slovak capital, Bratislava. They will be able to buy on credit, from an average wage, maximally a one-room flat in a new building or a two-room flat in an older block of flats. Other regions will be significantly less affected by the new lending cap, Poštová Banka has found out.
In the first quarter of 2018, the overall offer of office space in Bratislava reached almost 1.72 million square metres. The vacancy rate slightly decreased to 5.99 percent from 6.18 percent in the previous quarter. The lowest vacancy rate was in the Bratislava V district (3.22 percent), the highest in the Bratislava IV district (9.05 percent), the Slovak branch of the real estate services firm Cushman & Wakefield reported on April 20 as cited by the SITA newswire.
The developer Penta Real Estate is preparing the second phase of the Bory Bývanie residential project. It will create 287 apartments in nine, four- to six-storey blocks. It plans to launch the construction during the third quarter of 2018.
Petržalka, the most populated borough of Bratislava, has gotten a new roofed market place, Petržalská Tržnica. It is located in a reconstructed shopping centre of almost 5,000 square metres on Bratská Street. The new market place welcomed its first shoppers on Friday, April 6.
The British retail chain Tesco is continuing the sale of its department stores, former Priors, in Slovakia. Following the sale of its stores in Žilina, Nitra, Prešov and Košice the retail chain is now selling its last piece of real estate in Slovakia, the department store My (We in English) on Kamenné Square in Bratislava. Tesco Stores SR has confirmed negotiations with potential buyers, the Trend weekly reported.