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Motel One Hybernska
03.04.2024

Motel One Hybernska

On 2nd of April 2024, after more than two years of intensive construction, the management and project team of Penta Real Estate had the pleasure to sign the Handover protocol with our key tenant: Motel One Group, delivering the new Cloud One Hybernská hotel to its portfolio. The new-built property introduces the first Cloud One branded hotel in Central Europe and apart from 382 rooms offers stunning views of downtown Prague from its new rooftop restaurant and bar – which will also be open to the public.

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ChargeUp conference taking place within the premises of Masaryčka
27.03.2024

ChargeUp conference taking place within the premises of Masaryčka

he Czech company ChargeUp is one of the largest suppliers of a comprehensive solutions for corporate, public as well as home charging consisting of top-notch stations and accessories, reliable ChargeUp CPO control software and related services. This is also why Penta Real Estate has chosen the company as a supplier of charging infrastructure in Masaryčka, where we provide 155 parking spaces in underground garages, of which 45 (almost a third), are equipped, or ready for the installation of a charging station.

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Introducing the details of the Southbank project. Environmental protection will be a priority.
26.03.2024

Introducing the details of the Southbank project. Environmental protection will be a priority.

We will submit the necessary documentation for the Environmental Impact Assessment (EIA) for the Southbank project in the upcoming weeks. The project will rise on the southern bank of the Danube, in the area between Bratislava's Old Bridge, Apollo Bridge, and Prístavný Bridge. The construction of the first stage of the project is planned to begin at the end of 2026. The project already incorporates professional environmental measures aimed at minimizing the negative impacts of construction on the environment of the area.

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Current news from Nuselský Pivovar
23.02.2024

Current news from Nuselský Pivovar

We are currently undertaking the realization of new red-tile roofs within the Nuselský Pivovar project in Prague Nusle district. Thanks to the sensitive reconstruction that is taking place as part of the entire project, modern architecture blends seamlessly with the preservation of cultural heritage. Nuselský pivovar offers original living in an exceptional location - at the foot of Prague's Vinohrady and in the heart of traditional Nusle.

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Penta Real Estate will build premium rental housing in Prague for XPlace
15.02.2024

Penta Real Estate will build premium rental housing in Prague for XPlace

We have recently entered into a partnership within the area of professionally managed rental housing with the XPlace platform, which is owned by the Archdiocese of Prague. Thanks to this business agreement, XPlace's rental portfolio will be enlarged by two turn-key built apartment buildings situated within the new city district of Waltrovka, close to the Vidoule nature park. For us, this is the first cooperation focused on long-term rental housing. The partnership will be symbolically celebrated by the joint tapping of the foundations of the new construction, which will take place at the end of February 2024.

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The newly emerging streets within Nová Waltrovka have received their names
25.01.2024

The newly emerging streets within Nová Waltrovka have received their names

A ceremonial unveiling of the street names took place this morning. The streets within Nová Waltrovka will bear the names of Czechoslovak hockey representatives and world hockey champions from the late 1940s, to whom the communist regime had repaid thei duty with long-term prison terms. The plan was approved by the Topographic Commission of the City Council of Prague and subsequently by the City Council of Prague. The naming of new streets after three hockey legends was also supported by the Prague 5 district, and it is also appreciated by the leadership of the Czech Ice Hockey Association.

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At the end of the year, we sold a residential project in Dykova Street in Vinohrady
16.01.2024

At the end of the year, we sold a residential project in Dykova Street in Vinohrady

At Penta Real Estate, we are continuing the planned optimization of our project portfolio, therefore at the end of the year we have completed the sale of residential project in Dykova street in Prague 2 - Vinohrady. The value of the project is in the order of hundreds of millions of czech crowns and the buyer is Fidurock. "Just as with the recent sale of Rezidence Dvorce, in this case it is also a matter of concentrating our efforts on our key projects such as Masarykovo nádraží, Florenc 21, Hlavní nádraží or 4.Q on Vítězné náměstí.

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Popular co-working BASE in Czech Republic officially has a new owner!
06.12.2023

Popular co-working BASE in Czech Republic officially has a new owner!

Last week, we managed to sell the fully occupied BASE coworking center, which is part of the Churchill office complex in Prague 2. The buyer is none other than Scott.Weber Workspace, which continues to expand and strengthens its role as a leader within the Prague flexible offices market. Penta Real Estate will leave the operation of the coworking center to the current number one on the market and will fully concentrate on new development projects, among others, in the area of Florenc and the Central Train Station.

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