Dentons US LLP

04/08/2025 | Press release | Distributed by Public on 04/08/2025 07:35

Dentons advises club of banks led by Tatra banka on senior financing for Downtown Yards development

April 8, 2025

Bratislava-Dentons has advised club of banks led by Tatra banka on a syndicated loan of €168 million to JTRE to finance the Downtown Yards residential project in Bratislava. The club of banks included Tatra banka as Agent and Arranger, as well as Slovenská Sporiteľňa, UniCredit Bank Czech Republic and Slovakia, and Všeobecná úverová banka.

JTRE is a European real estate developer based in Bratislava, Slovakia, which has completed over 50 projects in nine countries. Downtown Yards is a flagship green residential project in the most modern urban district, close to the river Danube, with breathtaking panoramic views. The buildings have been designed with a London character and will feature international-standard architecture. The development will include 656 residences as well as offices. business spaces, plentiful car parking, and 6,100 m² of greenery. The first stage is scheduled for completion in 2026-2027.

Counsel Petra Štrbová led the Dentons team, supported by partner Patricia Gossányiová, and associates Dávid Stanek and Dávid Duda. Senior associate Tatiana Jevčáková led the due diligence team.

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