Franco-British family-owned real estate group JF Hamilton has acquired real estate assets for EUR 60 mln in the largest transaction in the Slovak development market this year.

Franco-British family-owned real estate group JF Hamilton has acquired real estate assets for EUR 60 mln in the largest transaction in the Slovak development market this year.

The vendor was Sekyra Group, one of the largest independent development groups in Central and Eastern Europe. Sekyra has been in talks to sell the assets for about a year as it is leaving the Slovak market.

JF Hamilton, which has its base for Central Europe in Prague, takes control of the Cubicon commercial centre and the Cubicon Residence, comprising unsold flats in the project. JF Hamilton also acquired Cubicon II, (lots in Mlynská dolina intended for the second stage of the housing project), as well as land parcels in Starohorská Street in Bratislava and the Cvernovka area in Párièková Street.