Money Buzz! Europa

Tag: Penta Real Estate

  • Penta Real Estate Churchill Square project in Prague is LEED GOLD certified

    Penta Real Estate Churchill Square project in Prague is LEED GOLD certified

    LEED certification is an internationally recognized standard in the design and construction of environmentally friendly and sustainable buildings.

    This certificate confirms that the Churchill I and II projects take into account both the environment and the workplace, which can positively affect employee performance.

    The project, located by Prague‘s main train station and comprising two office and one residential building, is being implemented by Penta Real Estate in a consortium with SUDOP. 

    The office buildings Penta intends to build as part of the project will offer a total of 30,100 sq. m. of floor area, of which 3,700 sq. m. will be for retail.

    Penta plans to invest EUR 60 million into the Churchill project.

  • Bory Business Park Bratislava project sold to the Karimpol Group

    Bory Business Park Bratislava project sold to the Karimpol Group

    Penta Real Estate has successfully completed the sale of Bory Business Park project in Bratislava to the Karimpol Group development company.

    The land with a total area of 60,000 m2 is located in the new Bory district in Bratislava and was sold together with a building permit.

    The project allows the construction of retail space with the possibility of combining showrooms, offices and storage. Both parties have agreed that the transaction value will not be disclosed.

    Plans for the develpoment of Bory district

    In the new city district Bory, there is already a shopping and entertainment centre – Bory Mall – and several other large retail buildings.

    Bory district will also include a New Generation Hospital, built by Penta Real Estate, which will be capable to provide healthcare for patients from all over Bratislava.

    Bory also include a residential district – Bory Bývanie, which will bring more than 1.000 residential units, in its first four phases. Overall, a new modern city district with all the civic amenities, including a kindergarten is emerging.

    The transport infrastructure is already completely built including a connection to the D2 highway.