Alto Real Estate received a valid zoning permit in January for the construction of a warehouse complex at the entrance to Bratislava. The process of obtaining a building permit is currently underway.
Slovakia entered the new year excited about investment. Despite the fact that investment activity declined during the past year, the end of 2024 and the beginning of the new one also brings several significant transactions that are shaping the Slovak market. The total volume of investments for 2024 reached half a billion euros and expectations for 2025 are still above the 10-year average.
A leading European owner, manager and developer of industrial real estate announced the purchase of an existing park and adjacent land near Nové Mesto nad Váhom.
The past few years certainly haven’t been easy for retailers. A pandemic, global chain disruptions and shortages, inflationary pressures that have squeezed consumers’ wallets and increased product costs, economic uncertainty and geopolitical instability have resulted in the closure of thousands of stores and the demise of numerous brands. Not content with all this economic disruption, a new phase of digital technology has altered consumer behaviour and increased expectations, changing the retail marketplace forever. Growth opportunities exist, but seizing them requires new mindsets, technologies, supply chain capabilities, and logistics networks.
Mountpark acquired Alza as its first tenant in its most important project in Slovakia – Mountpark Bratislava. Alza, the leading online retailer in Central and Eastern Europe, has leased 65,000 m² in building A in the prestigious logistics park, the construction of which began in October.
The development company Garbe has been operating in the markets of Central and Eastern Europe for four years. Now the company has announced full occupancy of all its industrial parks in the region.
The result of the failures was the threat of high contractual penalties, the departure of investors and the associated loss of hundreds of jobs, and the threat of lawsuits for damages.
A few years ago, CTP strategically focused its investments on expanding its portfolio in the east of Slovakia. The speculative purchase of land near Prešov and Košice is already bringing real contracts and the construction of halls continues smoothly.
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