Immocap's new tower in Bratislava nears completion

08
Aug
2023
News - Immocap's new tower in Bratislava nears completion #Bratislava #development #Immocap #office #Slovakia #tower

by Vera Tumova | Office

Bratislava's downtown has a new tall building. The Mill, by developer Immocap, is nearing completion and recently took down the scaffolding to reveal the final form of the high-rise project, real estate website yimba.sk reports.


Immocap's latest high-rise business centre The Mill in Bratislava's downtown is nearing completion. Although the new high-rise building is not the tallest in the locality, its distinctive appearance now makes it a local landmark. The centre has been built near the intersection of Mlynské nivy and Plynárenská Street and close to other Immocap business centres such as BBC (Bratislava Business Center) III.-V. Originally, The Mill was supposed to be just another number in this series, but in the end, the developer decided on a separate name. The final form was designed by DKLN, which won the architectural competition. Final completion of the building is expected later this year. 

The current form of the tower, with 12 above-ground and 4 underground floors, is based on a contrast of white and black, i.e. a shell of aluminium panels that regularly alternate with the white colour of the facade and glass surfaces. The ground floor, on the other hand, uses fibreglass concrete to contrast with the aluminium and to highlight the first floor with its massive columns. A total of 25,700 sqm of lettable space has been created in the building, of which 1,500 sqm is for retail and services on the ground floor. There will be approximately 400 parking spaces on the four underground floors. The building is expected to have high environmental standards with LEED Gold certification.

Immocap has already announced that the project is almost entirely leased, with a significant portion of the 17,000 sqm already taken by a single subtenant. The project is expected to include a kindergarten for 100 children and high-quality infrastructure for cyclists, based on its request. The building will also house the developer of the project.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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