Image: HB Reavis

Nivy Station in Bratislava: HB Reavis Receives Loan in the Amount of €175 Million

HB Reavis has obtained a syndicated loan in the amount of €175 million for the construction of the Nivy Station project in Bratislava.

The loan has been processed through a bank consortium of UniCredit Bank, Tatra banka, ČSOB, and Hypo-Bank Burgenland, and the transaction agent is UniCredit Bank. The first part of the loan was utilized by HB Reavis in December of 2018.

Nivy Station is designed as a project that combines a bus terminal, a shopping center with a marketplace, and several facilities for active rest and relaxation. It aims to create a place that meets the needs of a wide range of visitors and zone employees, which will provide modern space in the new heart of Bratislava.

The project is estimated to attract over 50,000 visitors a day. It also includes Nivy Tower, the adjacent administrative building, which has been under construction since May 2017. HB Reavis has already secured financing for the 125-meter high tower through VÚB bank. The leasable area of the Nivy Station project, including Nivy Tower, will be over 130,000 sq m.

The station was designed by British architecture studio Benoy in cooperation with Slovak architectural studio Siebert + Talaš. HB Reavis began construction works on the new station in October last year, and completion is scheduled for 2020. Nivy Tower is scheduled to be completed next year.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Investment MORE

IMMOFINANZ turns net profit significantly positive with EUR 217.5 million in 2018

IMMOFINANZ significantly strengthened its earning power during the 2018 financial year:

Mitiska REIM Forms Joint Venture with Karuzela Holding

Mitiska REIM has recently announced a strategic partnership with Karuzela Holding. Under the terms of the agreement, the two companies will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in two retail parks and two gallerias owned by Karuzela, comprising a total GLA of 35,600 sq m, and both parties will co-develop four additional projects, comprising a total GLA of approximately 60,000 sq m.

Sierra Balmain Joint Venture | Servicing 15 Retail Properties in 15 Polish Cities

Sonae Sierra has acquired a 50% stake in Balmain Asset Management Group’s Central European platform. Balmain has operated for over 15 years in Poland.


KGAL Group is expanding its real estate portfolio in Austria via the acquisition of a contemporary annex to Mühldorf retail park in Feldbach, Styria.

Sole Underwrite over 1.1 Billion Euros | Financing of Potsdamer Platz in Berlin

In its role as arranger, agent, and security agent, LBBW has secured the long-term financing of the Potsdamer Platz site in Berlin on behalf of Brookfield Properties for EUR 1.1 billion.

Forum Poprad in Slovakia Has Been Sold

Multi Corporation and Gemo Holding have sold Forum Poprad in Poprad. The asset has been acquired by the real estate fund of ZFP Investments and MAT Corporation, part of the DBK group.