Penta completes Zaha Hadid-designed building in Prague

06
Sep
2023
News - Penta completes Zaha Hadid-designed building in Prague #Czech Republic #office #Penta #Prague

by Property Forum | Office

The office building in the very centre of Prague, Masaryčka, which bears the personal handwriting of the world-famous architect Zaha Hadid, has been duly approved. The new building, which was built by Penta Real Estate, is now being occupied by its first tenants.


"We have come a very long way. It took more than six years to publicly discuss all the comments on the construction and transformation of the surroundings of Masaryk Station. The construction itself took more than 2 years. Prague is getting a world-class building, both in terms of quality architecture, technical design, and sustainability," said Petr Palička, Director of Penta Real Estate for the Czech Republic.

The building has attracted public attention since the first designs from Zaha Hadid's pen. It was completely different from ordinary office buildings with its bold golden façade, organic architecture, as well as generous public spaces around the building. Masaryčka is built to the highest energy performance standard for buildings - LEED Platinum. This certification assesses the impact on the surrounding area, water and energy consumption, materials used, indoor environmental quality, and the user qualities required to work efficiently.

The entire building and its immediate surroundings have an extensive water retention system that will serve to irrigate a large amount of greenery on the roofs and terraces of both buildings, including the new tree planting in Na Florenci Street. The site already has the most greenery in the last 100 years. In order for the retention system to be fully constructed, a general reconstruction of Na Florenci Street was necessary, including the relocation of the networks to the new collector. The Masarycka building and its surroundings will also be complemented by a series of art installations.

The majority of the building therefore found its tenants long before completion. In addition to Penta Real Estate itself, it will also be the headquarters of Fio Bank, Veolia, and BCG (Boston Consulting Group). A number of restaurants and cafés will be gradually opening on the ground floor of the building. The New York Times recently ranked the building as one of the attractive tourist destinations that visitors to Prague should not miss. 




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


Latest news

News - What happened in CEE real estate this week?
20
Mar
2026

What happened in CEE real estate this week?

by Property Forum
This week’s Property Forum news brings a mix of big-ticket developments and longer-term shifts shaping the market. From logistics expansion and new office projects to the growing role of data centres, the stories reflect a region that remains active while gradually adjusting to new demand patterns.
Read more >
News - BIG Poland advances with retail park in central Dzierżoniów
20
Mar
2026

BIG Poland advances with retail park in central Dzierżoniów

by Property Forum
Big Poland is developing a retail park in the centre of Dzierżoniów, responding to demand for modern shopping facilities in mid-sized cities. 
Read more >
News - CityOne Group acquires logistics project in Budapest from Woco Group
20
Mar
2026

CityOne Group acquires logistics project in Budapest from Woco Group

by Property Forum
CityOne Group has announced the acquisition of a manufacturing facility from German automotive supplier Woco Group in Kőbánya.
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