Real Estate, page 13
Housing and investment in Slovakia
Apollo business centre may be demolished
The developer may tear down the Apollo 1 business centre, instead of re-opening it.
Re-financing boom will intensify
A new law is set to boost interest in re-financing old mortgages.
Apollo secured, but its future is still uncertain
IT IS not clear when the tenants will be allowed to return to the Apollo Business Centre 1 building, which had to be closed due to problems with its stability.
Real estate fee draws mixed reviews
THE REAL estate development fee passed by the parliament in November 2015 should help municipalities build new infrastructure and facilities, but the extra costs will disproportionately affect people living in apartments – many of whom have lower incomes.
Sustainable construction still new
Commercial investors lead the way as green building picks up
Property prices up in 2015
BANKING analysts agree that property prices in Slovakia increased last year, which indicates a gradual restoration of the market.
New residential zone to be built in Bratislava
BRATISLAVA will have a new residential zone Podunajská Brána, situated in its Podunajské Biskupice borough.
Central will change hands
BRATISLAVA’S shopping centre Central has a new investor.
More than 3,800 new flats sold in Bratislava last year
THE POSITIVE trend in the residential market of new buildings in Bratislava continued also during the last three months of 2015.
Mixed developments in real estate
The real estate market is experiencing mixed development with the industrial sector reviving.
Brand new construction law out of sight
Instead of new legislation existing law is amended.
Most Slovaks own their housing
NINE in ten Slovaks own the place they live in, which ranks it the second highest in the European Union.
MPs overran president’s veto on mortgage amendment
SLOVAK parliament on December 9 overran the veto of President Andrej Kiska concerning the amendment on a housing loan amendment, passing it in its original version.
Slovakia introduces real estate development fee
Funds earmarked for infrastructure, but changes face criticism.
Planetarium may replace PKO
THE COMPLEX of buildings which comprise the PKO cultural venue in Bratislava, situated on the Danube embankment, will be completely demolished.
New bus station should be finished by late 2019
THE CONSTRUCTION of the new main bus station at Bratislava’s Mlynské Nivy may be completed in the end of 2019.
Residential realty market reviving
Though on the rise, prices are still below pre-crisis levels.
Government expands definition of “investments of significance”
THE government on June 17 approved an Economy Ministry-sponsored bill expanding the legal definition of “investment of significance” and recommended parliament to pass the bill via fast-tracked proceedings.
PKO facility to remain standing, for now
THE LONG-DISPUTED Park Kultúry and oddychu (PKO) cultural, social and education venue on the Danube embankment will not be demolished anytime soon, after Bratislava city councillors refused on May 27 to abolish an earlier resolution that keeps the complex intact.
Váhostav-SK to pay debts with shares
CONSTRUCTION company Váhostav-SK, currently undergoing restructuring, will exchange 49 percent of its shares to pay of debts to unsecured creditors – primarily small-sized firms and the self-employed.
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