Major acquisition to reshuffle Czech real estate market

12
Sep
2025
News - Major acquisition to reshuffle Czech real estate market #Argo Alpha #BPD Group #Czech Republic #Engine Prague Development #investment #K1 #Penta Real Estate #RSJ Investments Sicav

by Property Forum | Investment

Development companies Penta Real Estate, Engine Prague Development (EPD), and the investment fund RSJ Investments Sicav are jointly acquiring K1 Investment and Argo Alpha. The transaction is under review by the Czech Competition Authority (ÚOHS), which announced the case on its website, E15.cz reports.

According to the authority, the proposed merger primarily concerns the rental, management and development of real estate. The deal is being assessed under a simplified procedure, with a decision expected within 20 days.

Penta Real Estate is the property division of investment group Penta. RSJ Investments Sicav is an investment fund controlled by Libor Winkler, active in several sectors, including real estate development. EPD was established last year by Radek Pokorný of BPD Group and is co-owned by Pokorný and Miloslav Ježek, who also jointly own K1 Investment and Argo Alpha.

Neither K1 nor Argo Alpha were previously part of EPD’s structure, according to company filings.


Argo Alpha BPD Group Czech Republic Engine Prague Development investment K1 Penta Real Estate RSJ Investments Sicav


Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


Latest news

News - New CEO takes over at Hungary's HIPA
29
Jul
2026

New CEO takes over at Hungary's HIPA

by Property Forum
Bence Buday has been appointed Chief Executive Officer of the HIPA Hungarian Investment Promotion Agency, effective 28 July 2026. His appointment marks the beginning of a new chapter for the agency, with a strong focus on further strengthening HIPA's strategic role, enhancing its operational excellence, and reinforcing Hungary's competitiveness as an investment destination.
Read more >
News - CTP signs 16,700 sqm of leases in Bulgaria
29
Jul
2026

CTP signs 16,700 sqm of leases in Bulgaria

by Property Forum
CTP has signed two long-term leases totalling approximately 16,700 sqm at CTPark Sofia Ring Road in Bulgaria with existing customers BOX NOW and Amperel. The agreements were completed in June 2026 and form part of a strong first half for CTP in the country, with leasing activity across its Bulgarian portfolio increasing by 43% year-on-year during H1 2026. Year-to-date leasing volumes are 56.4% higher than the same period last year.
Read more >
News - Garage prices rise across Hungary as parking tightens
29
Jul
2026

Garage prices rise across Hungary as parking tightens

by Property Forum
The number of passenger cars in Hungary has nearly doubled over the past 20 years, yet road networks and parking capacity have not kept pace. In Budapest, paid parking zones have continued to expand and fees rose sharply this summer, increasing the value of private parking spaces. According to an analysis by property portal zenga.hu, owning a garage or parking space has become a significant property asset rather than merely a convenience.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy