Capital Mill received the Smart Contracting Entity 2022 award at the annual construction sector conference

  • 2022-12-01

Capital Mill, the leading real estate developer in the Baltic States, received the Smart Contracting Entity 2022 award issued by the Ministry of Economic Affairs and Communications for the construction of the unique Skyon business and office building at the most important annual conference of the construction sector, Ehitus 2023+.

‘The Skyon building is an excellent example of how well-thought-out terms of reference and the trust and successful cooperation between the team lead to a high-quality and outstanding building. I am happy to see that there are visionary architects, innovative engineers, experienced builders, and smart contracting entities in Estonia. We must work to ensure that value-based procurement becomes standard practice in both the private and public sectors,’ said Minister of Economy and Infrastructure Riina Sikkut.

‘For Capital Mill as the developer, building Skyon in the heart of Tallinn was a responsible task, as we wanted to create a truly special building – a unique and exemplary landmark in its integrity and environmental friendliness. We succeeded, and that is probably why Skyon caught the eye of others in the construction industry. I want to thank everyone who contributed to Skyon and who voted for Capital Mill in the Smart Contracting Entity competition,’ said Silver Neemelo, Chief Construction Manager of Capital Mill.

The purpose of the Smart Contracting Entity competition is to inform society about the importance of a smart contracting entity in the development of the construction sector in Estonia and to value the contracting entities who contribute to this.

Built in accordance with the requirements of the LEED Platinum standard, the 26-story Skyon building uses a number of smart technological solutions that make it sustainable and environmentally friendly. Nearly 900 coloured glass panels of different shapes and sizes give a unique look both for the interior and exterior of the building, but at the same time take into account the distribution of light throughout the day. The façade protects against excessive solar radiation, while allowing the people in the building to enjoy the view of the city.

The digital operator created by R8 Technologies helps to save energy and money spent on heating and ventilation as it uses cool night air for pre-cooling during the warm summer months and reduces the amount of energy spent on ventilation, cooling, and heating when employees are at home. All technical systems are remote controlled.

The architectural solution of Skyon was created by KOKO architects and the building was built by Tallinna Ehitustrust.

Capital Mill is a company established in 2008, which is focused on investment in commercial buildings located in the Baltic States. Its current portfolio reaches 500 million euros. The founders and partners of the company are a team with long-term real estate and banking experience. Capital Mill manages a number of highly regarded commercial buildings in Estonia, Latvia, and Lithuania.