Smart Building Certification is the first to measure the ‘smartness’ of buildings
Integrated building technology will enhance users’ wellbeing
MiddleCap, the real estate-focused investment group, announced today that its Southworks development in London has been awarded a Platinum Smart Building Certification. The 70,000 sq ft office scheme, which completes later this year, is the first in the UK to achieve the certification.
The Smart Building Certification, which has been developed to promote wellbeing, sustainability, performance, innovation, and health and safety in the built environment, recognises buildings that have smart tech infrastructure in place to evaluate a building’s behaviour and performance. The first building awarded Platinum Smart Building Certification was EDGE Olympic Amsterdam.
The Smart Building Certification is the first programme to objectively evaluate the ‘smartness’ of buildings by assessing six core areas: building usage; user behaviour and collaboration; building performance; building environment; integrative design and connectivity, and health, safety and security.
Southworks is the first building to be evaluated in the UK using the Smart Building Certification framework, and has achieved Platinum certification for Core & Shell. Its technology-first approach and number of integrated design and management features will create a responsive and productive environment that enhances users’ wellbeing. Some of these include:
● A single ‘digital backbone’ – created through applied bGrid technology – links a series of sensors to the Internet of Things, which connect, measure and deliver feedback to building users. The sensors will be plugged into the HVAC system and lighting controls, and will also measure other environmental variables such as density, occupancy and noise levels. The data generated by this network is fed into the building management system, optimising the environment and ensuring it becomes completely demand-driven.
● A dedicated app (OfficeApp) through which occupiers will be able to directly control heating and lighting to their own preferences and book meeting rooms, creating the optimum working environment.
● Facilitation of more effective communication between building managers and occupiers, with messages and notifications being able to be shared in both directions through the OfficeApp.
● Technology optimised for risk management in the support of longer-term social distancing by monitoring the flow of people throughout the building together with real time information about indoor and outdoor air quality.
The certification highlights MiddleCap’s commitment to delivering state of the art buildings as the business looks to expand its UK commercial office portfolio.
Tomáš Jurdák, Head of Real Estate at MiddleCap, said:
“It is a huge achievement for Southworks to achieve a Platinum Smart Building Certification. From the outset, we wanted our first UK project to present the London office market with a best in class building that really delivers what occupiers need from their workspace today, and in the future.
“By harnessing the tremendous technological advances that have been developed in recent years and bringing them together in one building, Southworks raises the bar for offices across London and creates a blueprint for post-Covid workspace.”
Nicholas White, Head of Operations and Strategy at Smart Building Certification, said:
“We are proud to award Southworks with a Platinum Smart Building Certification. A Core & Shell building with this extensive of an IT infrastructure is quite rare. We rarely see a Core & Shell building go this far to improve health, performance, sustainability, indoor environment, and a user’s ability to interact with the space. Hopefully Southworks is a look into the future of what we can expect from new builds and that progress is worth celebrating.”


Holding of entrepreneur Miroslav Výboh Mayfair Assets Ltd., recently active in real estate projects in Bratislava, has merged with consulting company MiddleCap Equity Partners by renowned restructuring Sibamac or Doprastav or auctioning of former Stein brewery. They created the investment advisory and real estate holding MiddleCap Group based in Luxembourg.

The new holding will focus on seeking new opportunities in consulting, the real estate market, venture capital and venture capital markets. The Group intends to strengthen its venture capital business considerably by investing more than € 10 million in new business and start-ups in the Central European region over the next three years.

The first new joint holding real estate project is the construction of a 14-21 Rushworth Street office building in Blackfriars, central London, with an estimated investment of up to £ 60 million. After the completed acquisition of the land with a valid permit, the project will enter the implementation phase in the coming months. The partner responsible for the real estate division is Tomáš Jurdák, who started the expansion of HB Reavis in London six years ago.

The merger process, lasting ten months, was contractually concluded at the end of June. Partners of the newly formed business group MiddleCap Group, S.A. are Miroslav Výboh, Matúš Výboh, Matej Majerčák, Roman Guniš and Michal Kviečinský. Formally, the merger will be completed by entry in the Luxembourg Commercial Register within the next few weeks. “This merger increases our potential for investment impact on new projects, opening up new markets primarily in European space, while improving our position in raising new capital,” comments Matej Majerčák, one of the partners and CEO of MiddleCap Group, S.A.

“For a long time I watched the work of people around Mr Majerčák, Guniš and Kviečinský, also in the context of my son Matúš working with MiddleCap Partners on several projects. In recent years, the company has been among the top Czechoslovak advisory and investment leaders and represents a strong group in terms of expertise, creativity and talent, ” adds Miroslav Výboh. This cooperation includes, for example, advice on the purchase of the premises of the former Stein brewery, which was purchased by MiddleCap’s DreamField Property at auction. While the residential part is being realized by YIT Slovakia, the office building was recently completed by AMW Development from Mayfair Assets, which is currently reconstructing the only listed part of the brewery, the Spilka Building.

Miroslav Výboh built his armaments business, later began investing in real estate and consolidated his activities in Mayfair Assets Ltd. based in London. Another current real estate project of the Výbohov family is the reconstruction and reconstruction of the former protected palace of the Chamber of Commerce and Industry on Gorky Street in the historical center of Bratislava.

MiddleCap was particularly successful in the restructuring of large construction companies Sibamac and Doprastav. Also participated in the restructuring of the owners of the Falkensteiner and Park Inn Danube hotels. The company also advised companies such as UPC, Matador, Penta Investments, as well as ministries and state institutions.

In the real estate area, MiddleCap was an advisor to sale transaction of the construction company Reding to Finnish YIT, as well as the sale of administrative towers of the same developer Reding Tower I and II. MiddleCap also advised on the sale of Twin City A, Laugarício shopping center in Trenčín and commercial real estate in the Czech Republic.

The combined MiddleCap Group represents transaction advisory services in excess of EUR 800 million over the past three years. The total volume of real estate projects so far exceeded EUR 110 million.