08Mar2022

Vlčí hrdlo Business Park in Bratislava changes its owner and 108 AGENCY was there

108 AGENCY managed to mediate the sale of Business Park Vlčie hrdlo – a site suitable for redevelopment together with two office buildings in Bratislava. The Czech developer CONTERA has purchased it from the Natland investment group, which had managed the former brownfield with an area of 33,420 sq m since 2020. It wants to continue in modernization and revitalization of the premises and create the so-called small business units concept there.

“The newly purchased premises in Bratislava offer great potential for development. We are planning to newly replace the older buildings and significantly renovate the existing ones. However, we do not want to bring a higher traffic load to an important area in the wider Bratislava centre, so we will focus on building smaller units in the spirit of modern urban logistics,” says Svetozár Rohoň, CONTERA Senior Asset Manager. The developer has acquired this office-warehouse park in the Bratislava centre near the R7 highway from the Natland investment group. It was added to its portfolio in 2020, and the group has managed to transform it from an inefficiently managed premises into the Vlčie hrdlo Business Park within 18 months. The technical infrastructure underwent a massive investment, the revenues increased by a quarter and the rent collection rate reached 100 %.  

“With CONTERA, the Vlčie hrdlo Business Park acquires a strong new owner with know-how and years of experience, one who will continue to develop the location and the entire complex and build on our work and strategic visions,” said Maroš Dragúň, the Natland Group County Manager for Slovakia.  The Vlčie hrdlo Business Park, with a total area of 33,420 sq m, is a former brownfield on which the oldest buildings originated in the mid-20th century.

“We are very pleased that we have managed to bring this transaction to a successful conclusion and in the future, we have contributed to the development of the currently insufficient offer of urban logistics in Bratislava,” added Branislav Jendek, Managing Director of 108 AGENCY Slovakia.

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