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JTRE
JTRE (J&T Real Estate) is a European real estate developer based in Bratislava, Slovakia. The firm has completed over 50 projects in 9 countries with a combined value of approximately €1.6 billion, and it is active in many market segments—including mixed-use, office, residential, hospitality, logistics, retail, and industrial projects. JTRE was founded in 1996 as part of the central European investment group J&T. The company is controlled by holding company J&T Real Estate Holding Limited, which is owned by founder Peter Korbačka and other management. JTRE has offices in London, Prague and Bratislava. The company is a seven-time ''Developer of the Year'' in Slovakia, as awarded by the ASB Magazine, and its projects have been awarded ''Building of the Year'' by the Construction & Investment Journal. Since 2012, it has been a member of the Slovak Green Building Council. History JTRE (J&T Real Estate) was founded in 1996 in Bratislava, Slovakia as J&T Global b ...
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JTRE London
JTRE London is a real estate developer based in London, United Kingdom. It was founded by the European real estate developer JTRE with a total value of property developed at approximately €1.6 billion, featuring offices in Bratislava, Prague and London. The company was created in 2019 and completed the acquisition of British luxury residential property developer Sons & Co London Limited in 2020. History In 2018, European real estate developer JTRE entered the UK market by purchasing land in Central London at 185 Park Street in the Bankside district of London. The company agreed to a construction loan of £177m with ICG Real Estate in 2020 and in the same year, construction of The Triptych Bankside development started. It is a residential, office, and retail development consisting of three towers designed by architects Squire and Partners. Sons & Co London Limited (formerly known as L&H) a British real estate developer that delivered over 550 apartments and houses in Central ...
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Eurovea
M. R. Štefánik Square in Eurovea in Bratislava. Eurovea is a business, retail and residential complex in Bratislava, Slovakia, in the Pribinova Zone at the border of Old Town and the borough or Ružinov, between the Old Bridge and the Apollo Bridge, bordered by Pribinova street from the north and the river Danube from the south. Eurovea connects the Bratislava Riverfront with the city center and offers stores and leisure time facilities while housing businesses, apartments and a Sheraton hotel. Phase I of the Eurovea complex was developed by Ballymore Properties at the cost of €350 million and it opened after four years of construction in 2010. Eurovea Phase II will feature the first skyscraper Eurovea Tower in Slovakia with projected height of 168 meters and 46 floors above the ground with the whole investment estimated at approximately €300 million. Construction is scheduled to start at the end of 2019 and finish at the end of 2022. History Before the construction of ...
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Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ...
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Patrónka
Patrónka is an area in the western part of Bratislava, the capital of Slovakia, it is also the name of a major transport junction within the area and an important bus stop. Patrónka is located at the boundary of Bratislava I Old Town and Bratislava IV Karlova Ves, located in the northwest of the city. The public transport bus and trolleybus stop serves as a main transport hub for residents of Dúbravka, Lamač, Devínska Nová Ves and Záhorská Bystrica boroughs of Bratislava and it is among the busiest in the city. It also serves as a minor inter-city bus stop covering the region of Záhorie. The traffic on the Patrónka junction also affects Lamač, Kramáre, Karlova Ves, Dúbravka and Devínska Nová Ves. The area of Patrónka lies at the foothills of the Devín Carpathians and Pezinok Carpathians; it serves as the main passageway into the nearby Bratislava Forest Park, a popular recreation area. Patrónka is the location of the Slovak Academy of Sciences, the Military ho ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Prešov
Prešov (, hu, Eperjes, Rusyn language, Rusyn and Ukrainian language, Ukrainian: Пряшів) is a city in Eastern Slovakia. It is the seat of administrative Prešov Region ( sk, Prešovský kraj) and Šariš, as well as the historic Sáros County of the Kingdom of Hungary. With a population of approximately 90,000 for the city, and in total about 110,000 with the metropolitan area, it is the third-largest city in Slovakia. It belongs to the Košice-Prešov agglomeration and is the natural cultural, economic, transport and administrative center of the Šariš region. It lends its name to the Eperjes-Tokaj Hill-Chain which was considered as the geographic entity on the first map of Hungary from 1528. There are many tourist attractions in Prešov such as castles, pools and the old town. Etymology The first written mention is from 1247 (). Several authors derived the name from hu, eper (strawberry). The theory was questioned in the 1940s and newer Slovak language, Slovak works sug ...
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Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Facility Management
Facility management or facilities management (FM) is a professional management discipline focused on the efficient and effective delivery of logistics and other support services related to real property and buildings. It encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency of the built environment by integrating people, place, process and technology, as defined by the International Organization for Standardization (ISO). The profession is certified through Global Facility Management Association (Global FM) member organizations. History The term, "facilities management" was coined in the 1960s by IBM alumnus and Electronic Data Systems founder Ross Perot, in reference to network management of IT systems, and soon expanded to include all elements of commercial space management. Facility management as integral to the processes of strategic organizational planning was represented during a 1979 conference sponsored by Herman Miller. Following the ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ...
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South Bank
The South Bank is an entertainment and commercial district in central London, next to the River Thames opposite the City of Westminster. It forms a narrow strip of riverside land within the London Borough of Lambeth (where it adjoins Albert Embankment) and the London Borough of Southwark, (where it adjoins Bankside). As such, the South Bank may be regarded as somewhat akin to the riverside part of an area known previously as Lambeth Marsh and North Lambeth. While the South Bank is not formally defined, it is generally understood to bounded by Westminster Bridge and Blackfriars Bridge, and to be centred approximately half a mile (800 metres) south-east of Charing Cross. The name South Bank was first widely used in 1951 during the Festival of Britain. The area's long list of attractions includes the County Hall complex, the Sea Life London Aquarium, the London Dungeon, Jubilee Gardens and the London Eye, the Southbank Centre, Royal Festival Hall, National Theatre, an ...
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White Night Festivals
The White Nights are all-night arts festival held in many cities in the summer. The original festival is the White Nights Festival held in Saint Petersburg, Russia. The ''white nights'' is the name given in areas of high latitude to the weeks around the summer solstice in June during which sunsets are late, sunrises are early and darkness is never complete. In Saint Petersburg, the Sun does not set until after 10 p.m., and the twilight lasts almost all night. The White Nights Festival in Saint Petersburg is famous for fireworks and Scarlet Sails, a show celebrating the end of school year. Other festivals following this lead have arisen using names such as White Night, Light Nights or Nuit Blanche which may be held in the winter as opposed to the summer. Nomenclature Some cities use the French phrase ''Nuit blanche'' (or ''Nuits blanches'', if the event is spread over more than one night). Some use the same words in their language: White Nights, ''La Notte Bianca'' (Italian) ...
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