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Office Market News

YIT launches a unique project for young people

YIT Slovakia is launching the sale of the next stage of the NUPPU project called Magnolia 1. Unlike the previous stages, Magnolia 1 will be sold not only as standard, but also with partial interior equipment. It will also be the first stage, where prefabricated structural elements will be used to a large extent, the use of which will speed up the construction and bring several other benefits. In addition to the interior equipment, the owners of the apartments of this stage will also be able to use all the benefits of this popular Ružinov project - the central courtyard, carsharing services, the Package box or charging stations for electric cars. The expected date of approval of the Magnolia stage 1 is in the middle of 2023.

Immocap secures financing for Bratislava office project

Slovak developer Immocap has secured €44 million of construction financing and €50 million of investment financing by UniCredit Bank for The Mill office project in Bratislava’s Mlynské Nivy. The completion of the project is expected in 2023.

The area of the future is growing in central Slovakia

We already have several logistics centers in Slovakia. But few of them can be proud of their synonyms: the area of the future. Such a park is located in the southern part of the town of Banská Bystrica, in the Kremnička district. If you are thinking about the exact location, we have a tool for you to get a better idea. The area is bounded on the west by the R1 expressway, from which two exits are accessible. From the northeast side there is a direct entrance to the first class road. The park is easily accessible from the center and suburbs and its perfect location offers excellent visibility from the R1.

Growth in Slovakia by almost 33 percent

Investments in commercial real estate in Slovakia copy the trend from abroad. "In the second quarter of 2021, we also recorded a high volume of investments, mainly due to the sale of Aupark, which accounted for almost 81 percent of the total volume of investments during this period," says Ľubor Procházka, Sales Director of CBRE Slovakia.

Urban Residence is starting to be built in the Filiálky complex

The launched area of the former Bratislava railway is gradually coming to life. Luxembourg-Slovak developer Lucron Development is starting the construction of residential houses called Urban Residence. Commissioning of the first stage of the project is planned for the beginning of 2018.

They have published nominations for the CE Architecture Award ZA AR 2021

On Friday, the Slovak Chamber of Architects (SKA) presented nominations for the CE ZA AR 2021 award. In the 20th year, an international expert jury selected from 81 submitted projects, nominated 18 selected works for the award, two of which found themselves in two categories. The public will learn the winners of the award for a work of high quality that contributes to the development of architecture in Slovakia on October 7.

The Vydrica project received a building permit

Vydrica in Podhradí, one of the most lucrative parts of the capital, should start changing its years of unattractive face this year. In the past, the inhabitants and visitors of Bratislava saw work on strengthening the castle gate and reloading the infrastructure of engineering networks. On Thursday, July 22, Vydrica Development announced that it had obtained a building permit for the first stage buildings. The permit is valid and the construction of the first buildings could start this year. The company was established. Vydrica was first bought by Avantv in 2018 as a joint venture by merging the landowner Vydrica with the development company Lucron. For example, they are building the Arboria project in Trnava or preparing the Nesto project in Bratislava. According to an informative extract from the Commercial Register, the shareholder of Vydrice, which has a registered capital of almost EUR 15.5 million, is Urbicom Invest.

Is it possible to make money in green space? Sustainable offices have their advantages

The real estate market is constantly changing. With the advent of new regulations, green bonds and increasing pressure to invest in green funds, sustainability seems to be the biggest competitive advantage of the future.
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