ARTICLES LABELLED WITH TAG Penta Real Estate

The transformation of Prague's Florenc quarter is progressing to the next phase. Penta Real Estate, in cooperation with the capital city of Prague and the city districts of Prague 1 and Prague 8, has announced four international architectural competitions for four blocks in the area between the highway and the Prague-Florenc bus station.

Penta Real Estate is starting to construct a new residential project Mocca Residence in Prague. Near the Českomoravská metro station, Penta is restoring the original city block with almost three hundred new apartments being built here.

Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.

Penta Real Estate has submitted environmental impact assessment (EIA) documents for the Bory Mall expansion project in June 2024. The extension is bringing a new square replacing the existing exterior parking lot between the Bory Hospital and the Bory Mall shopping center.

The Medze project between the city quarters Dúbravka and Karlova Ves in Bratislava by Penta Real Estate is bringing hundreds of apartments and other accommodation units to the area undeveloped so far. The project has now passed an important milestone, reports Yimba.sk. 

The Victoria Palace building on Vítězné Square in Prague has received valid building use approval. The project developed by Penta Real Estate and Kaprain has been designed with 92 high-end apartments and retail units on the ground floor. 

According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.

Kaprain and Penta Real Estate have entered into a cooperation agreement to build on the former Howden ČKD factory site adjacent to the O2 arena. Penta has bought a 40% stake in the project, which will create a new centre of Prague's Vysočany and Libeň districts on a site of over 50,000 sqm, Kaprain announced.

Českomoravská nemovitostní has acquired a quarter stake in the Churchill Square office complex in Prague near the main railway station for CZK 1 billion (€41 million). It has thus become the majority owner of the complex. The seller was a holding from Lebanon, reports the daily e15.cz.

Penta Real Estate has begun construction works on a new office building in Bratislava‘s Chalupkova zone at the beginning of December, ASB reports.