WOOD & Company has obtained a loan of EUR 229.5m, one of the highest amounts in the domestic real estate market, to refinance the debt of the Aupark shopping centre in Bratislava. The financing will be provided by several European banking groups, all of which have operated historically in Slovakia.
The planned reconstruction of the area where the Istropolis House of Trade Unions is located today continues to arouse passions. Activists and experts from the DOCOMOMO association have prepared a Petition for the Rescue of Istropolis, in which they demand the preservation of Istropolis and its declaration as a monument. The developer Immocap, preparing New Istropolis, responded to this initiative, recalling that the petition conceals important facts
Although The Mill's office project from Immocap is still in territorial proceedings, preparations for its construction are already beginning. Until now, there was a warehouse-administrative building on the plot where the new complex is to be built, which is already being rehabilitated. In addition to offices, there is also to be a publicly accessible space for recreational purposes.
The expansion of the Lakeside Park 02 office project began to grow at a relatively unfortunate time, when the pandemic of the coronavirus COVID-19 was already in full swing and the office projects got into a difficult situation. Nevertheless, the developer Immocap and the owner of the Wood & Company building are successfully progressing with the construction and announcing that they are also successful in renting the premises.
The real estate fund of the WOOD & Company investment group has become the new owner of the BBC 1 and BBC 1 Plus office buildings in the Bratislava central business zone. The group bought the administrative complex providing a total leasable area of 25,500 m2 from the Austrian real estate group CA Immo. The price of the transaction was not disclosed.
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