MiddleCap moves ahead in permitting of Bratislava resi project

09
Aug
2024
News - MiddleCap moves ahead in permitting of Bratislava resi project #Bratislava #MiddleCap #residential #Slovakia

by Property Forum | Residential

MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.


The project called Nové centrum Ružinova (New Centre Ružinov), which is supposed to replace the abandoned remains of the department store, has already received the statement of the Ministry of the Environment of the Slovak Republic after two and a half years of EIA process. MiddleCap Real Estate (under MCP Development) has been working on all the necessary permits to change the original project and start the construction of the new one since the beginning of 2021. 

The developer has now applied to change the previous zoning decision issued for the project back in 2005. The new proposal brings a reduction in the volume of the building and the number of parking spaces and includes changes in function.

The investor introduced a mixed-use and residential complex. The massing is divided into four levels. The ground floor is dedicated to office and service premises followed by the level of eight four-floor sections with studios, offices and smaller apartments. The third level is designed as a concrete slab bearing hanging gardens. Apartments on this level will have private front gardens.

The development offers 198 apartments on almost 23,500 sqm and 22,500 sqm with a non-residential function. The construction of new buildings will require the demolition of the existing skeleton. It is difficult to estimate the end of the permitting procedure. However, the site cleanup will probably not start before 2025.




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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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