Money Buzz! Europa

Tag: JTRE

  • At 115 meters tall, Klingerka becomes Slovakia’s tallest residential building

    At 115 meters tall, Klingerka becomes Slovakia’s tallest residential building

    After twenty months of construction, Klingerka project developed by J&T REAL ESTATE (JTRE), has reached its highest point and at 115 meters is officially the tallest residential building in Slovakia.

    The 36 above-ground floors were built at a rate of one floor every 10 days.

    Klingerka is designed as two lenticular buildings – apartment tower and administrative building – connected by an above-ground car park with grassed roof.

    Thus, the central area will be complemented by all necessary civic services and amenities on the ground floor.

    The 36-storey residential tower sits on the plot’s eastern side and the 11-floor office building creates a smooth transition to the existing area of older Klinger-area family houses.

    Klingerka, 115 meters high, 36 above-ground floors, offers 380 two to four room apartments, 376 balconies, 5 lifts, 678 parking spaces and 425 m2 retail space.

    The project is scheduled for completion in 2022.

  • JTRE receives EUR 105 million loan for new Eurovea apartments

    JTRE receives EUR 105 million loan for new Eurovea apartments

    VÚB banka and UniCredit Bank have provided a EUR 105 million syndicated loan for the construction of Eurovea’s extended residential part.

    The project will include approximately 500 apartments in Eurovea Tower – Slovakia’s very first skyscraper – and waterfront Eurovea Riverside residences. This loan is one of the highest granted for a Slovak development project in recent years.

    70% of apartments have already been sold

    Launched to market last summer, 70% of Eurovea Tower and Eurovea Riverside apartments have already been sold.

    Construction work broke ground in December 2019, and underground floors are currently being built.

    The Eurovea expansion project also includes two office buildings with 40.000 sqm combined leasable area, 25.000 sqm additional retail space, and 1400-car underground parking.

    A new 25.000 sqm waterfront park will environmentally expand the popular Danube promenade, and a new activity park will revitalise the area below Apollo Bridge.

    Pribinova Street will be transformed into a tree-lined city boulevard. The ribbon should be cut at the enlarged shopping centre in 2022, with the whole project completed in 2023.