CZECH REPUBLIC Penta and friends buy Prague plot
Architecture and urban planningschedule 03 November 2021
An architectural competition is set to be held for the development of the plot, close to Dejvická metro station
1 / 1
Penta Real Estate, Kaprain Group and Sekyra Group have purchased a 2 ha plot from the University of Chemistry and Technology in Prague (VŠCHT) at the western end of Vítězné náměstí square in Prague 6.
On the site, which has changed hands for around CZK 1 bln (app. EUR 40 mln), Penta is planning to develop offices, shops, and apartments.
This is definitely one of the most interesting spots in Prague, and we would like to organise an international competition with regards to this multifunctional development concept, which would have abundant greenery and communal space. Prague itself is an attractive location for architects, and with the completion of the construction in Vítězn&eacut
Already have an account? Log in
38% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Flex market picks up momentum
Flex market picks up momentum
Walter Herz
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Optimism returns
Optimism returns
Walter Herz
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Warehouse developers now more cautious
Warehouse developers now more cautious
Avison Young
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...