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.

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