Proxenta forced to sell its real estate projects

Investment group Proxenta (Pavol Kožík) told clients it cannot repay maturing bonds this year due to financial difficulties and is addressing the situation by selling real estate projects. In 2Q26, it plans to sell its Šancová residential project with 64 apartments in Bratislava, which has zoning permit. At the same time, it aims to sell a Tatra banka office building in central Košice. By end-2027, it plans to sell one of four buildings in the Stockerka residential project in Devínska Nová Ves, with the buyer expected to be a subsidiary of a banking institution. The group’s food production investments in Cuba “require a longer time horizon and patience.”

(sme.sk)