Bratislava has been experiencing a construction boom of new administrative buildings in recent years. The area of modern office space has increased by a quarter in 10 years, and even by almost 60% since 2008. Even under the influence of the pandemic, the requirements of companies for offices are different today than they used to be.
Penta Real Estate bought land on the south bank of the Danube earlier this year. The seller is HB Reavis. The store includes land in the area between Bratislava's Old Bridge, Apollo Bridge and the Port Bridge
Both parties have agreed that the amount of the transaction will not be disclosed. Through the acquisition of the land, Penta Real Estate acquired land with a total area of 85,000 square meters intended for future construction.
Immocap continues to work intensively on the next phase of the transformation of the neglected zone around the House of Trade Unions into the vital Nový Istropolis district. The developer already has a valid decision of the Bratislava - Nové Mesto City District to remove the existing building.
The Mill administrative project, which is growing on the developing Mlynské Nivy boulevard, reveals new details. In addition to the modern location and walking distance to the center, it will be characterized by metropolitan design, terraces and stunning views of downtown Bratislava.
The intention to build the National Cultural and Congress Center in Bratislava has progressed to the next phase. The state, regional self-government, the National Cultural and Congress Center (OZ NKKC) civic association and three developers - finalists - Immocap, Incheba and J&T Real Estate (JTRE) and the professional public agree on its importance for the development of congress tourism in Slovakia.
The building of present-day Istropolis grew in the 1980s. In its place originally stood the palace of Count Berchtold from the first half of the 19th century.
The Mill administrative center from the development company Immocap will be located in the lucrative zone on Bratislava's Mlynské Nivy boulevard.
The building permit has come into force and the investor is starting construction. Its leasable commercial area is 25,000 m2 and will have two high-rise buildings.
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