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.




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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