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

Top stories

News digest: Part of Slovakia in the worst possible colour of European Covid map

The Covid vaccine booster will be available for more people starting Monday. Education system reform is about to start.


11 h
Martin Hojsík

Russia, not emission allowances, is to blame for electricity and gas prices

Gazprom is tightening the taps and gas prices are rising, claims MEP Martin Hojsík.


17 h
Illustrative stock photo

Applause for frontline workers replaced with salary freeze

Regional hygienists, nursing homes employees, teachers and soldiers will all be affected.


20. okt
Skryť Close ad