Penta Real Estate, a Prague-headquartered firm incorporated in 2014 as a spin-off from Penta Investments' real estate division, focuses on large-scale urban redevelopment in the Czech Republic, Slovakia, and Poland. The parent group entered property development in 2005, employing 100 to 199 staff as of 2023 and managing over 40 residential, office, and retail projects, many on former industrial brownfields.
Key past efforts include the Waltrovka and Florentinum complexes in Prague, alongside Bratislava's Sky Park and Digital Park, all emphasizing public green spaces and high architectural standards. Current flagships feature Masaryčka, a Zaha Hadid-designed revitalization of Prague's central railway station brownfield, which earned a 2024 urban design award, and ongoing work at the Nusle Brewery and Žižkov railway station sites.
Upcoming plans encompass Prague's Vinohradská Street mixed-use development with 192 apartments and 8,200 square meters of offices, plus over 500 units at Žižkov Freight Station. In Bratislava, projects like Southbank—spanning 210,000 square meters with 900 apartments—and Chalupkova mixed-use site advance, with construction starts slated for 2025 and 2026. The firm prioritizes site remediation and city integration over new builds.