It has not been a secret for some time that the developer J&T Real Estate (JTRE) plans to stop the land between Dostojevského rada, Krupková and Pribinová. An administrative building is to be built here, while previous visualizations indicated that it would be an object with an extravagant shape. The definitive form of the plan has been revealed in recent days.
The ongoing debate about the longevity of the office is nearing drawn-out status. We know its role is changing. We should also understand that it isn’t going away.
Data shows interest in the office isn’t dying. Demand for high-quality, comfortable and convenient spaces across European cities remains strong. In fact, CBRE expects leasing rates for offices to recover in 2021, reiterating the key role the office will play in a blended working environment.
One of the largest IT companies in the world is moving its Slovak offices to New Apollo. In addition to the project itself, the company was also approached by the flexible Qubes premises and the Symbiosy and More services from the HB Reavis portfolio. It is thus clear that HB Reavis' unique strategy of providing workspace as a service is key for clients.
The VI Group's plan to build a new multifunctional project in Petržalka, in the area between Kopčianská Street and the Petržalka Railway Station complex, has been known for a long time. Originally, it was supposed to be mainly housing and boarding school, but after the reservations of the Municipality, the functional composition was modified. In addition, a large supermarket should be built on the ground floor of the house.
Developer Lucron is nearing the completion of more than four years of construction of the Urban Residence project. As part of the development, four new buildings were built, among which there is a landscaped public space. According to the developer, the point should be a park created between the third stage and the Filiálky complex, which is being created in cooperation with the city district.
Eurovea 2, a subsidiary of Slovakian developer J&T Real Estate (JTRE), has received a EUR 116 mln loan from a syndicate led by Tarta banka together with Slovenská sporiteľňa and UniCredit Bank for the extension of the Eurovea City multi-functional complex in Bratislava.
Office real estate remains the preferred sector among European investors. More than half of European investors plan to increase their real estate capital this year.
The Coronavirus epidemic is undoubtedly a real hard cost for businesses. The uncertainty surrounding this crisis is prompting companies to find sources of savings to reduce their costs.
Rent and office management are the second largest expense item for companies after salaries. It is therefore relevant to ask the question of how to reduce the cost of your premises as much as possible and/or match the current needs of space with the current working constraints.
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