HB Reavis developer extends activities into Germany

The company announced two major acquisitions.

Alter SchlachthofAlter Schlachthof (Source: Courtesy of HB Reavis)

Germany is the sixth European country in which the Slovak developer HB Reavis is active. In mid-February it announced two major acquisitions in Berlin and Dresden totalling 3.5 hectares. The announcement followed only a few days after media reported on the sale of some HB Reavis projects in the Czech Republic.

SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

“This seems to be a logical step,” Michaela Machová, expert on real estate, told the Hospodárske Noviny daily. “Germany belongs among leaders of the European real estate market. And it is an advantage that despite a strong competitive environment, Germany is not too far geographically from Slovakia, where the developer is headquartered.”

SkryťTurn off ads

The first of the major acquisitions in Germany includes a two hectare site that will transform the former Alter Schlachthof site at Landsberger Allee 104 in Berlin into a new, well-connected business hub designed for the city’s creative and tech-led communities. Located between the vibrant district of Friedrichshain and Prenzlauer Berg, the site is just next to a major S-Bahn hub and only minutes from Alexanderplatz and downtown Berlin.

This development will provide a range of spaces flexibly designed to cater to everything from start-ups to large corporations. Plans also include conference and event facilities, fitness areas and retail.

The second site, in Dresden, will see the creation of a unique 1.6 hectare campus next to the city’s academic quarter.

SkryťTurn off ads

HR Reavis has to date delivered over 1.1 million square metres of commercial space and has further developments in the pipeline totalling more than 1.3 million square metres with a planned value of €7.1 billion in its core markets. HB Reavis is active, apart from Slovakia and Germany, also in the UK, Poland, the Czech Republic and Hungary.

Top stories

Foreigners' Police Department on Regrútska 4, Bratislava-Vajnory.

News digest: 20 questions for Foreigners' Police

New Zealand citizen assaulted in Bratislava, ex-interior minister taken to court, and another 'History Talks' edition.

1 h
Volkswagen will make all-electric versions of the Porsche Cayenne luxury SUV.

News Digest: Volkswagen Slovakia to produce all-electric luxury SUV

LGBT+ minority could face new difficulties, a suspect is charged in the Daniel Tupý murder case.

24. mar
Filip Toška holding chard in the hydroponic Hausnatura farm.

How a Mayan doomsday prophecy took a Slovak to hi-tech agriculture

Hydroponic farm run out of former telephone exchange.

9. mar
Bratislava Foreigners' Police department.

FAQ: How to interact with the Foreigners’ Police

Some officers are good – but some, even the police admit, are ‘a disgrace to the force’.

5 h
SkryťClose ad