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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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Best of Realty 2023
15.11.2023

Best of Realty 2023

At yesterday's Best of Realty gala, the winners of the 25th anniversary of the prestigious real estate competition were announced. Penta Real Estate has participated within the Administrative Centers category and based on the decision of the Expert Jury, we have secured a fantastic first place with our flagship project Masarycka! The jury has praised the combination of iconic world-class architecture under the baton of the Zaha Hadid Architects studio, which sensitively respects the historical character of the center, as well as the successful revitalization of the extensive brownfield near Masaryk railway station. Thanks to this ground-breaking office and retail project, the center of the metropolis is more connected with Karlín and Žižkov, there is further expansion of public spaces and also a significant increase in green areas within the planned public park, which will be created by covering the tracks of Masaryk railway station with walkable platform. The project is LEED Platinum certified.

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We have acquired the brownfield land near Florenc
14.11.2023

We have acquired the brownfield land near Florenc

Today Penta Real Estate successfully purchased the last large brownfield in the center of Prague, which is located near Florenc. We have bought the land from Czech Railways for 243.8 million Czech crowns. This amount may further increase depending on the final outcome of the change of the master plan, which is currently underway within the area. Thanks to this important milestone, we can continue with the construction of a new urban district in the vicinity of Masaryk railway station – based on an urban planning competition that took place already in 2021.

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We are launching an architectural and urban planning competition for the area in the Chalupkova zone.
06.11.2023

We are launching an architectural and urban planning competition for the area in the Chalupkova zone.

We are announcing an international, two-stage architectural and urban planning competition with the aim of finding a future solution and design for the development of the area in the newly emerging downtown of Bratislava, located between Mlynské Nivy, Košická and Chalupkova streets. The competition is open to all entries and includes invitations to three prominent international studios.

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Penta has officially moved into the brand new offices
04.09.2023

Penta has officially moved into the brand new offices

Masaryčka, which can without exaggeration be described as the most modern and ground-breaking office building in the Czech Republic has become the new "home" for the Czech office of Penta Real Estate as well as Penta Investments. After almost ten years, both companies moved from the first large-scale office building that Penta delivered to the market - Florentinum. Fully occupying the two highest floors of the main building of Masaryčka, the one with the golden tower, breath-taking spaces have been created involving the latest technology with focus on high-quality design.

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ESG principles incorporated in Nová Waltrovka
14.08.2023

ESG principles incorporated in Nová Waltrovka

How did we use the principles of ecology and sustainability in the Metalica and Legatica office buildings? First of all, there are chargers for electric cars in the garages of both buildings, available for tenants and their employees, as well as for their visitors. This is complimented by solar panels on the roofs, together with smart system that uses rainwater to irrigate green areas and flush toilets. Moreover the planting of sufficient amount of greenery within the zone is scheduled in order to eliminate the formation of the so-called heat island.

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Hotel ZLEEP Nová Waltrovka
20.07.2023

Hotel ZLEEP Nová Waltrovka

The interior of the new Hotel ZLEEP is designed in a clean Scandinavian style, dominated by wooden components. This combination is intended to offer future guests a very cozy and warm impression. In addition to the standard reception, which will be combined with a bar where it will be possible to sit, unwind and enjoy a drink, terminals for contactless check-in will also be available to visitors in order to stream-line the arrival experience (not to worry, we are also preparing more technical gadgets!).

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The Juliska residence has reached the highest point of construction
24.06.2023

The Juliska residence has reached the highest point of construction

Another of our residential projects has celebrated the so-called ,,glajcha“ or topping-out ceremony! To celebrate this occasion, we have met with everyone working behind the scenes on the success of the project right at the construction site in Prague's Dejvice. Anyone who wanted could also climb up to the roof of one of the buildings, which offered beautiful views of Hanspaulka, the Baba ruins, the Hotel Internation and even Prague Castle.

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A great success not only for Marek Dospiva, but also for the entire Penta Real Estate team
15.06.2023

A great success not only for Marek Dospiva, but also for the entire Penta Real Estate team

esterday, CEEQA awards were distributed during a wonderful gala-evening in Warsaw. This prestigious competition evaluates the best projects as well as companies and experts engaged in real estate development activities. Marek Dospiva received the award for personal contribution to real estate ("lifetime achievement award"), one of the highest recognitions that a professional in our field can receive.

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Hotel Hybernska
13.06.2023

Hotel Hybernska

By the beginning of May, we have reached the highest point of the construction, known as the 'Glajcha' or topping-out ceremony, at the future site of The Cloud One Hotel. Since then, we have been actively engaging in negotiations with potential tenants for the retail spaces.   The hotel will offer 1,160 sqm of premium retail spaces and 4 retail units available for rent in one of the busiest locations in Prague 1 which also providing excellent accessibility.

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