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

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


Latest news

News - Impact Group posts 34% profit gain in 2025
27
Feb
2026

Impact Group posts 34% profit gain in 2025

by Property Forum
Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.
Read more >
News - Prague office market faces supply crunch in 2026
27
Feb
2026

Prague office market faces supply crunch in 2026

by Property Forum
Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.
Read more >
News - Rohlig Suus expands to 48,000 sqm at Eli Warsaw Airport
27
Feb
2026

Rohlig Suus expands to 48,000 sqm at Eli Warsaw Airport

by Property Forum
European Logistics Investment (Eli) has finalised a lease renewal and expansion at its Warsaw Airport Park in Janki with Rohlig Suus Logistics. Under the agreement, Rohlig Suus Logistics extended its lease for the next 15 years and will expand to approximately 48,000 sqm, consolidating operations and becoming the sole occupier of the park's north building.
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