Slovak businessman bought a share of Austrian real estate giant

The acquisition took place on March 2.

Peter KorbačkaPeter Korbačka (Source: TASR)

One of the biggest acquisitions of this year in the real estate market has already happened. Co-owner of the J&T Real Estate developer group, Peter Korbačka, bought a share in the Immofinanz AG real estate group from Austria.

The Austrians own the Vivo! shopping centre in Bratislava (previously known as Polus) and the Stop Shop chain, the economic magazine Index reported.

One of the richest Slovaks announced the acquisition of a 10.71-percent share in Immofinanz AG.

A record holder of real estate

Korbačka has been conducting real estate business for years. This includes J&T Real Estate and his own investments, like the purchase of the Bratislava-based Eurovea shopping centre.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Get daily Slovak news directly to your inbox

Theme: Real Estate

Read more articles by the topic

Top stories

News digest: Slovakia still dealing with the loss of its talent

Economy minister promises extensive support for hydrogen technologies in Slovakia. Far-right supporters protested in front of PM’s house during the weekend.

The far-right ĽSNS organised a protest in front of PM Igor Matovič's house in Trnava.

Hospital manners expose the toxicity of Kollár

Unjustified privileges overshadow some good news of the coalition's work. Halloween testing will not be repeated during advent time.

PM Igor Matovič (l) and Speaker of Parliament Boris Kollár

Sulík’s party benefits from the dispute with PM Matovič

The Hlas party of former PM Pellegrini is rising, too.

Economy Minister Richard Sulík (l) was charged by PM Igor Matovič (r) to purchase millions of antigen tests.

Anyone can publish a book. Authors often avoid publishers

Self-publishing is setting a new trend.

Nikoleta Kováčová has published two cookbooks without the aid of a publishing house.