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.
It has not been a secret for some time that the developer J&T Real Estate (JTRE) plans to stop the land between Dostojevského rada, Krupková and Pribinová. An administrative building is to be built here, while previous visualizations indicated that it would be an object with an extravagant shape. The definitive form of the plan has been revealed in recent days.
Currently, the tallest residential building in Slovakia, the Klingerka project from J&T Real Estate, is beginning to take on its final face. After removing the scaffolding from the lower part of the building, the upper part of the eastern façade also begins to be exposed. Soon, the color scheme of the building, which should associate the jute bags with a link to the original factory, should be full.
Eurovea 2, a subsidiary of Slovakian developer J&T Real Estate (JTRE), has received a EUR 116 mln loan from a syndicate led by Tarta banka together with Slovenská sporiteľňa and UniCredit Bank for the extension of the Eurovea City multi-functional complex in Bratislava.
The "Best Upcoming in Development" award was given by the jury of the CIJ Awards Slovakia modern district, which is growing on the site of a former industrial zone on the Danube embankment. Already the 16th year of the longest awarded real estate awards in Slovakia in 20 categories presented up to 77 nominated best projects, companies and teams operating on the real estate market. A jury of twelve renowned experts in the real estate, investment, architectural and construction industries selected the winners in a two-stage vote. Readers of CIJ EUROPE magazine, which announces the awards, were also involved in the voting.
Knowledge of development companies and projects is lower in the Bratislava region compared to Bratislava. A significant part of the population of the region, but also of the city, cannot name a single company or project. University-educated men tend to have the best overview in this sector. This follows from an exclusive survey conducted for the advertising agency 2Create in Go4Insight.
Developer Penta Real Estate has officially announced that it is starting the construction of a further tower in the Sky Park project. The Sky Park Residence 4 building, ie an apartment tower, which will be located east of the already completed three identical buildings, is being built. Bratislava's downtown will be supplemented by a new high-rise building.
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