Revetas Group disposes of Metropolis Development project to Koruna Group

Revetas Group has announced the successful sale of the Metropolis development project to Koruna Group, a prominent Slovak development company. The property includes 476,000 sqm of strategically located development land near Bratislava. While the transaction details remain confidential, the disposal marks a significant milestone for both parties.

Jan Bukovský, Revetas’ Head of Operations, stated: “Metropolis features prime plots situated along the key highway connecting Bratislava with Vienna and Budapest. Since acquiring the site in 2018 as part of the Keystone portfolio, Revetas has undertaken substantial pre-development work to enhance its value. With these preparations complete, we are pleased to entrust the project to Koruna Group, a seasoned local developer with over 25 years of expertise in similar projects. We commend the professionalism of Koruna Group’s team, led by their founder and CEO, Mr. Gustáv Laca, and are confident the project is in capable hands.”

Liviu Becheanu, Principal at Revetas Capital and project manager for Metropolis, added: “The site is located approximately 12 km south of Bratislava in the Jarovce district, near the D2 highway and close to the Slovak-Austrian and Slovak-Hungarian borders. Spanning 475,773 sqm across two land plots, it is designated for a variety of uses under the City Master Plan. These include civic facilities of regional significance, mixed-use developments, residential areas, recreational spaces, sports facilities, parks, and green zones.”

This transaction underscores the strategic importance of the Metropolis project, which is poised to contribute significantly to regional development. The collaboration between Revetas and Koruna Group highlights the potential of the site to deliver sustainable and diverse urban spaces, aligned with the evolving needs of the Bratislava metropolitan area.