Immocap moves ahead with new design of Istropolis

20
Feb
2025
News - Immocap moves ahead with new design of Istropolis #Bratislava #Immocap #office #residential #Slovakia

by Property Forum | Office

Immocap presented an updated design of the new Istropolis in Bratislava. The project already has a valid zoning decision and construction is expected to begin in the summer of 2025. 


Due to the work's scope and the zone's size, the implementation will take place in several phases spread over time. Depending on the building permits, two office buildings and one residential building should start construction first, the estimated construction time for the first 3 buildings is approximately 2.5 years. 

In total, the project will bring 9 new buildings, 2 squares, an inner green yard, cycle paths, a car-free zone, a top cultural and congress hall for 3,000 people, 600 new apartments, energy-efficient offices for 5,000 employees, new operations, restaurants and other services. The confirmed tenant of the office building along Vajnorská Street is the Dell company.

Developer Immocap has been working on the design of the new Istropolis project for the past 4 years with an unusually wide team of architects, designers and various specialists.  Renowned studios - the Dutch KCAP and the German Cityförster - are involved and supported locally by the Slovak studio Pantograph. The urban-landscape concept was created in cooperation between the Dutch KCAP and the Slovak-British studio Marko & Placemakers.

The neighbouring Škultétyho ulica itself will also undergo a major change, where the infrastructure will be modified to create a green belt with a raised carriageway for cars. This will slow down the street and make it a soft connection between the existing neighbourhood and Istropolis.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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