BRATISLAVA (02/10/2024) – The new residential building developed by Immocap with the financial group WOOD & Company in the Mlynské Nivy area, Millhaus, is marking two important milestones. Construction has risen above ground level, making the building visible from the street. Additionally, sales are progressing successfully, with more than half of the flats already sold. The completion of this landmark Bratislava project, which will help shape the character of Mlynské Nivy, is scheduled for spring 2026.
“Real estate is an excellent investment, whether one is looking for a new home or looking to invest their savings. We are very pleased that our decision to develop housing in the prime location of Mlynské Nivy has proven successful. Immocap’s commitment is to create high-quality projects and provide solutions for our customers both, in designing future homes and offering financial advice. Millhaus is a key project where our values come together in a successful outcome,” says Martin Marko, Sales Director at Immocap. Developer Immocap is cooperating with the financial group WOOD & Company on the realisation of Millhaus. “Millhaus is a beautiful demonstration that an investment can also carry heart and emotion. From the very beginning we recognised the great potential of homes in Mlynské Nivy and the success of Millhaus confirms that this area has a promising future,” says Martin Šmigura, Local Partner at WOOD & Company.
source: IMMOCAP
Millhaus will feature 151 residential and accommodation units across 19 floors, complemented by retail space on the ground floor. Residents will have access to nearly 140 parking spaces across two underground levels. The development will also include relaxation areas in a semi-open courtyard and a children’s playground. Millhaus will stand out in terms of design – the architecture by Siebert + Talaš aligns with the surrounding buildings, while sensitively complementing the character of Mlynské Nivy. The building’s modern, distinctive, yet calm character clearly signals its residential function and creates a pleasant living environment.
IMMOCAP – Uncovering the city’s potential
Immocap has been a key player in the Slovak development market for nearly 30 years, focusing mainly on Bratislava, where it sees significant potential in transforming neglected areas into vibrant spaces. Until recently, the company mainly focused on commercial projects, becoming a leader in energy efficiency, flexibility and the integration of new technologies within a well-thought-out energy concept. Immocap specialists believe that even residential projects cannot be purely mono-functional and in order to provide the desired living comfort for residents, they must blend multiple functions, such as spaces for work, culture, services and high-quality public areas.
About WOOD & Company
WOOD & Company manages investment assets worth over EUR 4.5 billion, trades on exchanges with a turnover of approximately EUR 30 billion and provides advisory services on the region’s most significant M&A transactions. WOOD Real Estate focuses on the active management of high-quality commercial real estate and invests into commercial, residential and logistics projects development in collaboration with trusted partners.
Official website: www.millhaus.sk
Contact for the media:
Martina Jamrichová, Communications Director
Tel: +421 949 020 903
E-mail: martina.jamrichova@immocap.sk
Zuzana Obšitníková, Marketing Manager
Tel: +421 903 668 806
E-mail: zuzana.obsitnikova@wood.com