In the coming weeks, PENTA is submitting documentation for the Environmental Impact Assessment (EIA) for the Southbank project, which will be built on the southern bank of the Danube, in the area between Bratislava's Old Bridge, the Apollo Bridge and the Harbor Bridge. The start of the construction of the first stage of the project is planned at the end of 2026. The project already includes professional environmental measures, with the aim of minimizing the negative effects of construction on the environment in the given area.
Penta Real Estate bought land on the south bank of the Danube earlier this year. The seller is HB Reavis. The store includes land in the area between Bratislava's Old Bridge, Apollo Bridge and the Port Bridge
Both parties have agreed that the amount of the transaction will not be disclosed. Through the acquisition of the land, Penta Real Estate acquired land with a total area of 85,000 square meters intended for future construction.
Penta Real Estate has sold a development site in Warsaw’s Wola-Centrum district to Lincoln Property Company and Enern for around EUR 25 mln. The Form office building, which will contain app. 30,000 sqm of office space, is to be built on the purchased plot.
The heating plant in Bratislava, designed by the legendary Slovak architect Dušan Jurkovič, has been reconstructed. It has been transformed into a modern building with 3,900 square meters of flexible space and a total capacity of approximately 450 seats in shared workspaces. It was renovated as part of the Sky Park by Zaha Hadid project by Penta Real Estate. After the pilot project of flexible leasing, the developer will open a so-called coworking, in the Churchill building in Prague its premises under the BASE brand and in the Jurkovič heating plant already in August.
The walls of the building called Bezák's house on Továrenská Street in the Sky Park in the wider center of the capital is represented by four stories. They artistically describe the history of the house as a symbol of the entire project area, which is a former industrial zone.
This week, as an investor, Penta Real Estate submitted documentation for an environmental impact assessment (EIA) for a project with the working title Polyfunctional Ensemble Medze, which will be built in the Bratislava - Dúbravka district. At the same time, it prepares documents for obtaining a zoning decision. The start of construction work is scheduled for the third quarter of 2023.
The Penta group closed the pandemic year of 2020 with a net profit of 134 million euros, while total assets of the portfolio companies reached 11.1 billion euros. Despite the pandemic, Penta invested 419 million euros in Capex for the development of its companies and projects. The group employs more than 43,000 people and has paid a total of 243 million euros in income tax and other social contributions.
Bratislava is a city of high-rise buildings. Although there are still occasional debates about whether the towers belong to the Slovak capital, the fact is that there are dozens of vertical dominants and more dozens will be added. But which one is the best or the most attractive?
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