WOOD & Company Joins Vydrica Project in Bratislava

An investment fund from the WOOD & Company group has acquired a 50% stake in two residential phases of the Vydrica development in Bratislava, Slovakia.

The project is located in the city's historic centre, beneath Bratislava Castle. Developer Lucron will continue managing project preparation, construction and apartment sales.

The partnership comes alongside the launch of public pre-sales for 80 apartments in a new residential phase east of the Water Tower.

The development will also include 16 commercial units intended for retail and services.

New Residential Phase Includes Two Buildings

The upcoming phase comprises two buildings designed by Compass Architekti, the architectural studio responsible for the first Vydrica phase. The apartments will offer different layouts and sizes.

• Apartment sizes range from 36 to 193 square metres.
• Available configurations include one-room to five-room apartments.
• Most apartments will have a balcony, loggia, terrace or garden.
• Underground parking will accommodate 155 vehicles.
• Surrounding streets will remain pedestrian zones.

WOOD & Company Acquires 50% Stake

WOOD & Company Realitní OPF, an investment fund within the group, acquired the stake in the two residential phases. Lucron will remain responsible for development activities and apartment sales.

Zoltán Müller, CEO of Lucron, said the investment reflects confidence in the project and the developer's ability to deliver its plans.

Martin Šmigura, Local Partner at WOOD & Company, highlighted Vydrica's location, architectural quality and long-term potential.

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Earlier Development Phases at Vydrica

The first phase received its occupancy certificate at the end of 2024. Residents began moving in during 2025. It introduced several public and commercial facilities.

• New pedestrian streets.
• Kempelenov Park.
• Accessible historic ice pits.
• Vydrica Offices, a fully occupied office building.

Another residential section with 23 apartments, located north of the Water Tower, is under construction. Its completion is expected in the first quarter of 2027.

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Construction Timeline and Project Completion

The newly announced residential phase has received planning permission. Construction is scheduled to begin in 2027 and is expected to take approximately two years.

Meanwhile, revitalisation work around the Water Tower is underway. A pedestrian connection to Bratislava Castle through Žigmundova brána is also being prepared.

Full completion of the Vydrica development and its integration with Bratislava's Old Town is planned for the turn of 2030 and 2031.

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