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Tesco is selling its My department store in Bratislava
4 months ago,

Tesco is selling its My department store in Bratislava

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.

 

One of possible buyers is allegedly the British developer Lordship. They own the adjacent Hotel Kyjev which they plan to rebuild along with other real estate in its vicinity.

 

The retail chain admits that the department store, opened in 1968, needs significant investment for its modernisation.

 

Tesco acquired the building from the American company K-Mart in 1996.

 

Both the department store and the hotel were designed by prominent Slovak architect Ivan Matušík.

 

Photo: Jana Liptáková

 


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