EXPERTISE

Kinstellar advises a syndicate of banks led by UniCredit Bank on a EUR 175 million loan for the development of Nivy Station in Bratislava

January 2019 – Kinstellar has recently advised a syndicate of international banks led by UniCredit Bank and including Tatra banka, ČSOB and HYPO-BANK Burgenland in relation to a EUR 175 million club loan provided to HB Reavis for the construction of Nivy Station (Stanica Nivy)—a unique, multipurpose urban development project adjacent to Bratislava’s historic city centre. The loan represents the largest amount of financing for a single real estate project in Slovakia in 2018. The law firm Dentons acted as advisor to the developer, HB Reavis.

Scheduled for completion in 2020 and offering 100,000 m2 of leasable space, Nivy Station will form the heart of a vibrant new city centre in Bratislava. Project plans include the construction of a supra-regional shopping centre, a bus station of international significance, and a modern marketplace with leisure and relax zones.

The Kinstellar team in Bratislava was led by Vladimír Polička (Managing Associate) and included Dominika Bajzáthová (Senior Associate), Tomáš Melišek (Senior Associate), Martin Koša (Associate), Vladimír Šimkovic (Associate), Dáša Labašová (Junior Associate), Lívia Miklenčičová (Junior Associate), and others.

For more information please contact Vladimír Polička, Managing Associate, at .