DEVELOPER
The project developer of WALTROVKA RESIDENCE is Penta Real Estate, a company of Central European origin. As it was founded by a group of classmates, its corporate culture is very similar to that of a family business. Penta is one of the largest employers in the region, providing jobs to more than 30,000 employees in its portfolio companies. It has offices in Prague, Bratislava, Warsaw, Munich, Limassol, Amsterdam and Jersey. The company began business in 1994 dealing with securities. Subsequently, it focused on the development of corporate investment and later also on real estate development. Today the Group invests in companies and projects, primarily in healthcare, financial services, retail, manufacturing and real estate development.
Penta began investing in the property sector in 2005 and currently implements projects in the CR, Slovakia and Poland. In 2013 Prague saw the completion of the Florentinum office building, which won many awards from experts and was highly praised by the actual tenants and even by Penta itself. Set in the Waltrovka locality in Jinonice, Prague, the recently completed Aviatica building features architectural qualities boasting a number of prestigious prizes. In future years Penta plans more real estate investment, as it wishes to build on its successful projects while desiring to become a leader in the quality office and residential development sector.
In 2018 the structure of the Penta Investments company changed giving rise to an independent division called Penta Real Estate which exclusively focuses on the real estate business in the Czech, Slovak and Polish markets. Under the motto "Creating Better Spaces" we concentrate on the office, housing and retail segments as well as site preparation work.
With our slogan "LIVING BY PENTA", we are setting a new benchmark for housing standards much higher than usual in the Czech market, clearly differentiating ourselves from other developers. We are bringing to Prague a completely new concept of cosmopolitan living. In Waltrovka we will fuse modern housing, nature, work and retail with city life.