Penta Real Estate launches new office project in Prague

19
Feb
2021
News - Penta Real Estate launches new office project in Prague #Czech Republic #development #office #Penta Real Estate #Prague

by Property Forum | Office

Penta Real Estate has started the construction of the Masaryčka by Zaha Hadid project in the centre of Prague, the company announced.


After the Sky Park by Zaha Hadid project in Bratislava, Penta Real Estate has started the construction of Masaryčka office project in Prague, which was designed by Zaha Hadid Architects as well.

The construction of the project will take more than 2 years and it will also include quality public spaces with lots of greenery and chill-out zones, in addition to modernized entrances to the subway stations as well.

The new development will also bring new shops, restaurants, cafés and services, which will complement the existing retail offer at the developer’s Florentinum office project. The project also counts with a modern space intended for art galleries or events.

At the construction site, preparatory works are currently underway and the developer will gradually start with the foundation of the building. The superstructure of Masaryčka should be completed by the end of this year and in course of the next year, the building will be gradually getting its final design.




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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