Spectator on facebook

Spectator on facebook

REAL ESTATE SHORTS

Brownfield strategy nearly complete

THE SLOVAK Investment and Trade Development Agency (SARIO) plans to complete its strategy on the renewal of Slovakia’s brownfield industrial sites by the end of the summer, the SITA wrote.

THE SLOVAK Investment and Trade Development Agency (SARIO) plans to complete its strategy on the renewal of Slovakia’s brownfield industrial sites by the end of the summer, the SITA wrote.

Currently, the agency lists about 400 industrial brownfield sites in Slovakia, of which about 300 have been already included in its strategy, said SARIO’s Viktor Wiedermann on the discussion forum of the web-magazine Stavebné fórum.sk (Construction forum). Most brownfield sites are in Žilina Region (100), followed by Prešov (64), Banská Bystrica (64), and Košice Regions (58).

The largest number of these sites in Slovakia, according to Wiedermann, were originally used for agricultural purposes. “From preliminary results, these brownfield sites make up about 33 percent,” Wiedermann said. Others are old municipal buildings, former industrial parks, and ex-military sites.

“So far, it appears that 41 percent of these brownfield sites are privately owned, and the rest are public property,” Wiedermann added. According to him, 21 percent of them are in a neglected state.

According to Wiedermann, SARIO now also offers industrial parks to potential investors. “However, investors prefer to construct their factories on Greenfield sites,” Wiedermann said.

Brownfield sites have many disadvantages, but also advantages, said Ľubomír Liška of the Hrivis developer company. “Their biggest advantage is that they are usually located on a very good site, in top locations,” Liška explained. “On the other hand, the biggest drawback is that the investor often does not know what lies under the old building, or what state it is in, because it is not possible to make a full analysis during the purchase of property.”


Topic: Real Estate


Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska