Real estate underpins the foundation of modern commerce and daily life, hosting our businesses, homes, and communities. In Slovakia, the commercial and industrial sectors reflect this essential role, navigating through a landscape shaped by economic fluctuations and investment trends. Despite facing challenges such as high interest rates and cautious economic forecasts for 2024, these sectors continue to adapt and evolve, driven by sustained demand and strategic market responses.
Our legal team has extensive experience assisting local and international real estate developers and investors across Slovakia. We manage a broad spectrum of projects, from the development, acquisition, and sale of administrative buildings and industrial estates to logistics centres, shopping centres, residential complexes, hotels, and mixed-use developments.
We provide comprehensive guidance during all stages of real estate projects. Our services include advising on property acquisitions, overseeing project design and development, managing construction processes, and addressing the operational and commercial aspects. Additionally, we assist with restructuring projects, forming joint ventures, and managing property disposals.
By working closely with our clients, we ensure their strategic objectives are achieved, helping them capitalize on market opportunities and tackling any challenges they encounter.
Construction
Our team expertly guides construction projects from start to finish, managing procurement, contracts, and resolving disputes to ensure projects are completed on time. We use our extensive experience to help investors reduce risks without increasing costs.
Permitting & Environment
We conduct legal feasibility studies, navigate environmental regulations, secure permits, and challenge unlawful decisions, while keeping pace with the ever-changing regulatory landscape. Our proactive approach helps clients stay compliant and ensures their projects advance efficiently.
Operations & Asset Management
Our familiarity with our clients’ real estate portfolios enhances our ability to provide valuable insights on operations and asset management. This understanding allows us to provide tailored advice that optimizes property performance and value.
M&A
Leveraging our extensive experience, we understand how crucial strategic legal and tax structuring is for successful real estate deals, and we tailor our approach to effectively advance our clients’ commercial goals.
Leasing
We assist landlords in streamlining the leasing process, drawing on our detailed knowledge of the properties to support robust letting strategies. This ensures our clients can rely on us for seamless execution of their leasing agreements.
Joint Ventures & Structuring
We bring substantial experience to structuring property deals, including joint ventures between investors and developers. Our strategic advice benefits from insights gained through our long-standing collaborations with tax advisors, enabling us to structure and restructure projects effectively.
Financing
We advise on property acquisition financing, development finance, refinancing, and multi-tier financing for construction projects in the energy sector. Our expertise helps clients find the best funding solutions, simplifying complex financial decisions.
Distressed Situations
We support clients in challenging situations, including the acquisition or disposal of distressed assets, and terminating and evicting distressed tenants. By careful planning and applying our deep legal expertise, we safeguard our clients’ interests and enhance their investment outcomes.
Disputes
We handle disputes involving permits with authorities, conflicts between investors and contractors, such as complex international FIDIC cases, and issues between landlords and tenants at court proceedings, arbitration, alternative dispute resolution processes, and out-of-court settlements.
Service Highlights
GLP on the full lifecycle of development projects, significant expansion of their Senec logistics park, and leasing and property management for GLP’s parks
The owner and developer on issues related to the National Football Stadium in Bratislava, incorporating state-of-the-art sports infrastructure with residential and high-rise administrative components
GLP on acquiring and consolidating ca. 330,000 sqm land bank for new developments near Bratislava’s international airport
The lessor on structuring and negotiating a long-term lease agreement for around 60 stores and supermarkets following the sale of CBA Slovakia.
Austrian Anadi Bank on financing a mixed-use commercial complex located in Bratislava
AREA Property Partners on an investment in one of Slovakia’s largest real estate developments including retail, hotel, office, and residential premises
FM Reality on financing and developing a new residential area in western Bratislava
GLP on EIA aspects for their project in a major logistics area near Bratislava airport.
Queensway Restaurants on development of new units for a global fast-food chain at prime Slovak locations
Private equity group on the disposal of a portfolio of shopping centres in Western and Southern Slovakia
Global car manufacturer on a greenfield investment project for a new manufacturing plant, including contractual arrangements with the main contractor
National Highway Company (NDS) in multiple high-value disputes, including international Dispute Adjudication Board proceedings, court cases, and settlements
City of Bratislava in high-profile litigations regarding third-party damage claims linked to construction projects and joint investments
Czech bank on refinancing a real estate development project in central Bratislava
National Highway Company (NDS) in respect of various stages of major infrastructure projects in Slovakia, including sections of the D1 and R2 highways
Slovenské elektrárne on the development and completion of Mochovce nuclear power plant
Global institutional investor on the implementation, structuring, operation, and management of leasing arrangements in a portfolio managed by AXA REIM
Awards and Rankings
Chambers Europe 2024
Legal500 2024