Tuesday, 14 April 2026
Immocap has agreed the sale of The Mill office building in Bratislava to REICO LONG LEASE, part of the Erste Asset Management group. The transaction is among the larger office deals recorded on the Slovak market this year and forms part of a broader cooperation between the two parties.
The agreement also includes a partnership under which Immocap will provide property management services for selected assets within REICO’s Slovak portfolio, including The Mill, as well as Forum BC and Park One.
“The Mill building fits perfectly into our REICO LONG LEASE fund, where it is the first investment in offices and thus further diversifies the fund’s risk profile,” said Dušan Sýkora. “The partnership with Immocap is a big step for us on the Slovak market and I am convinced that we will see further joint transactions in the future. Not only this acquisition, but also the entire cooperation is beneficial for our tenants and consequently especially for our investors.”
The Mill is located on Mlynské nivy boulevard in Bratislava and offers more than 25,000 sqm of leasable office space. The building is fully occupied.
Immocap will continue to manage the property following the transaction, while also expanding its role within REICO’s portfolio in the country.
“I see the agreement with the REICO investment fund as a good signal for the entire office real estate market in Slovakia and I believe that it will also be an impulse for boost in this area,” said Martin Šramko. “Immocap has successfully established itself as a lessor and partner for large multinational companies, and the latest transaction confirms this success story. I am glad that we are handing over the building in excellent condition and with one hundred percent rent.”
Immocap has been active on the Slovak market for more than three decades, focusing on office developments for international occupiers. Its portfolio includes projects delivered for tenants such as DELL, Henkel, Orange and ZSE.
The transaction reflects ongoing investment activity in the Bratislava office market, where fully leased and recently completed assets continue to attract institutional capital.
