9. November 2026
Penta Real Estate and SUDOP Invest have started construction of Churchill III next to Prague’s main railway station. The CZK 2.9 billion project will offer approximately 18,000 sqm of office space and more than 2,000 sqm of retail space. Raiffeisenbank will become the main tenant, leasing approximately 16,000 sqm and relocating its headquarters from Prague’s Pankrác district in 2028.
Designed by Jakub Cigler Architekti, Churchill III will build on the previous two phases and continue the transformation of the area between the main railway station and Žižkov. The building will target LEED Platinum certification and will also bring new retail and services, as well as improved pedestrian and cycling connections.
