2025-04-14
retail

The Czech investment group Natland has become a co-investor and strategic partner of Wood & Company in a major real estate deal involving the VIVO! shopping center and the myhive office complex in Bratislava. This joint venture marks a significant step in Natland’s expansion into the Slovak market. The transaction covers a total rentable area of 70,000 square meters and includes a 3,200-square-meter plot with potential for future residential development. The acquisition has already received approval from the Slovak Antimonopoly Office, clearing the way for the first phase of the deal. The second phase is scheduled to be finalized by the end of 2026. Tomas Balvin, Investment Manager for the Real Estate Group at Natland, confirmed that the Bratislava project is just the beginning. “We see other interesting projects in Slovakia, especially in Bratislava, and it is not just about development or revenue-generating real estate,” he said, signaling broader investment ambitions in the region. The VIVO! and myhive properties are set to undergo revitalization, including a tenant mix optimization with a focus on local services and community-oriented amenities. In addition, the project plans to introduce a new residential tower featuring approximately 250 rental apartments—an important development in a market where affordable rental housing remains in critically short supply. With this move, Natland and Wood & Company are not only strengthening their foothold in Slovakia’s capital but also contributing to the evolving landscape of mixed-use urban redevelopment.