A consortium of Penta Real Estate, Kaprain Group and Sekyra Group bought land from the University of Chemical Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for an amount just over one billion crowns. It acquired a total of 20,122 square meters, ie the majority of the buildable area of the so-called fourth quadrant of Vítězné náměstí between Evropská and Jugoslávských partizánů streets. Penta said this in a press release.
Travel restrictions and the inability to meet in person have caused a lot of headaches for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talks about the company’s development and investment strategy and shared his expectations for the year ahead.
The hitherto inhospitable territory between Walonovka in Jinonice and the new ČSOB headquarters in Radlická is undergoing a transformation. The Penta investment group is preparing to continue the Waltrovka residential and office complex there.
The year 2020 is almost over, but Penta Real Estate still managed to break one of the records on the real estate market. It sold the Churchill Square office complex near the main railway station in Prague for more than four billion Czech Crowns. This is despite the fact that the company's representatives previously claimed that they will no longer be getting rid of buildings in the center of Prague.
Masaryčka connects. With such a slogan, Penta Real Estate, a development company of the Penta financial group, presented new visualizations and details of the first phase of the project of the same name.
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