Penta moves ahead with €200 million project in Bratislava

08
Jan
2024
News - Penta moves ahead with €200 million project in Bratislava #Bratislava #development #mixed-use #Penta #residential #Slovakia

by Property Forum | Residential

Plots with a total area of ​​4.5 ha at the intersection of Vajnorská and Odborárská streets in the neighbourhood of Istrochem in Bratislava were acquired by Penta Real Estate for an unspecified price in 2022. Through its subsidiary UNL, Penta has now submitted its investment plan to the authorities for an environmental impact assessment, reports DenníkN.


The project will consist of five residential buildings and an office building. The exact number of apartments is not stated in the currently submitted documentation. According to information from last year, there should be more than a thousand of them. The complex will offer premises of ​​approximately 30,000 sqm for various amenities and over 2,070 underground parking spaces. The developer promises a car-free zone in the space between the buildings, more extensive greenery and the construction of intensive green roofs. The project will also have its square with retail operations.

Immediately after the completion of the transaction, the developer announced an international urban architectural competition between several leading studios for this zone. Before the summer of 2023, the Slovenian Bevk Perović Arhitekti was chosen as the winner. Penta plans to construct in stages, launching the first at the end of 2025. New apartments will be available in the summer of 2028 earliest. Completion is expected in 2035. The zone called the Polyfunkčný súbor Vajnorská (Vajnorská Mixed-use Complex) will cost Penta approximately €200 million.




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.

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