Domus Vivendi starts work on THE CIRCLE office building
in Mallorca
Mallorca, 24 April 2019 – Frankfurt-based developer the Domus Vivendi Group (Domus
Vivendi) has received official planning consent from the Mallorcan authorites for „The Circle“
office building. Excavaton work for the prestgious office building, which will have a total area
of 4,000 square metres, will begin as from 29 April 2019. Completon of the property is
scheduled for the 4th quarter of 2020.
80% of the accommodaton in „The Circle“ has already been let. A temporary freeze on letng
will apply from 26 April 2019, untl the final letng phase, which will follow the planned
completon of the shell and core in spring 2020.
„The Circle“ is a state-of-the-art office development in the „Son Bugadelles“ business park,
near Santa Ponca. It is aimed exclusively at tenants from the real estate sector and their related
professions. The concept aims to bring together constructon and property companies, interior
designers, security engineers, specialist lawyers, crafsmen, developers, architects and tax
consultants in the building, thereby creatng synergy effects for the occupiers. The project has
a volume of ca. EUR 26 million.
The tenants of „The Circle“ will be provided with fully equipped offices, including furniture,
high-quality server and network technology and office fit-out. Floor areas range from 20 to 600
square metres. Also planned are 2,600 square metres of „free for all“ areas, co-working space,
a front desk with secretarial service, a food corner, open-air areas, a roof terrace and exclusive
and secure underground parking spaces.
Even before the start of constructon work, Domus Vivendi has already registered strong
interest from insttutonal investors in acquiring “The Circle” afer its completon.
About the Domus Vivendi Group (www.dv-group.de)
More than 30 years of internatonal experience in development and creaton of high-quality
real estate, from the preliminary design phase to turnkey handover. In Time – In Budget – In
Quality completed by profound industry knowledge, many years of experience and proven
expertse. As part of project management, Domus Vivendi plans, manages and controls the
constructon projects from the initaton to the handover to the customer. The current project
volume of the Domus Vivendi Group amounts has an amount of over 550 million euros.
For further informaton on „The Circle“ please visit www.circle-mallorca.de
Contact company:
Contact press:
DOMUS VIVENDI GROUP
Arne Degener
Domus Vivendi GmbH & Co. KG
Targa Communicatons GmbH
Hainholzweg 17, 61462 Königstein im Taunus