Smart living for greater independence: unique Czech facility supports adults with autism

The Czech Republic continues to face a shortage of specialised social services for adults with autism spectrum disorder (ASD), leaving many individuals heavily reliant on the care of their families. World Autism Awareness Day, marked annually on 2 April, highlights the ongoing need to develop support systems that promote greater independence and a higher quality of life for people with autism.

Projects like New Home in Mokrá u Brna offer a promising model. As the only residential facility of its kind in the South Moravian Region, it provides a family-style living environment enhanced by smart home technology, allowing residents to enjoy more autonomy while staying safe and supported.

Promoting independence is a core principle of the New Home project. The facility was designed from the ground up with this goal in mind—without compromising on safety. Smart technologies were integrated into the design phase to ensure this balance. The home features a sophisticated system of sensors—on windows, doors, and other key areas—which notify staff via mobile devices or audio alerts in case of any unusual activity.

“The audio notifications have been particularly helpful,” says Martina Lintnerová, head of the New Home social service. “Some are even customised for individual residents to remind them when it’s time to carry out certain activities.”

“If a resident opens the door to the garden, for instance, an assistant is instantly notified,” adds Pavel Lískovec, Branch Manager at Loxone CZ. “This system allows staff to maintain oversight without constantly intruding on residents’ privacy. Automation handles many routine monitoring tasks, which has also reduced staffing needs. At night, just one assistant is sufficient, resulting in significant annual cost savings—amounting to hundreds of thousands of crowns.”

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AFI appoints Karin Shalev Shogol as new CEO for Czech Republic

Real estate investment and development company AFI has appointed Karin Shalev Shogol as the new CEO of its operations in the Czech Republic. She succeeds Doron Klein, who after more than 14 years in the role, will shift focus to broader responsibilities within the group. Klein will continue as Deputy CEO of AFI Group and CEO of AFI Romania.

Shalev Shogol previously served as Regional Manager and COO for AFI in Germany between 2009 and 2017, overseeing both residential and commercial portfolios. In recent years, she held leadership roles at WeWork, Elevation, and Plentific, managing operations in Germany. Her return to AFI marks a continuation of her work with the group, now focused on leading its Czech portfolio and contributing to its development in the Central European region.

Avi Barzilay, CEO of AFI Group, welcomed the appointment and acknowledged Klein’s contributions, noting that the transition aligns with the group’s broader strategic direction. Klein will remain involved with the Czech business as part of his group-level responsibilities.

Karin Shalev Shogol brings with her international experience across real estate and operational management. In her new role, she will focus on the ongoing development of AFI’s projects in the Czech Republic and support the company’s regional growth plans.

She is fluent in Hebrew, English, German, and Romanian. Outside of work, she has an interest in travel, culture, literature, and spending time with her family.

ATAL expands residential offering in Kraków with new phase of Strefa Cegielnia 3

Developer ATAL has introduced an additional 137 residential units as part of the next phase of its Strefa Cegielnia 3 housing estate in the Zesławice district of Kraków. The new phase will consist of three four-storey buildings and adds to the growing development in the area. Apartment prices in this phase range from PLN 10,800 to 13,200 per square metre in the developer’s standard.

The available apartments range in size from 29 to 83 square metres and include layouts with one to four rooms. Depending on the floor, units come with balconies, loggias, or ground-floor gardens. The buildings will include underground parking with space for 159 vehicles, along with additional storage units.

Strefa Cegielnia 3 is being developed on the site of a former brickyard that operated from the 1950s and supplied construction materials for Nowa Huta. The architecture of the new buildings incorporates elements referencing the site’s industrial past, using materials such as clinker brick, concrete, steel, and glass. The buildings are designed in neutral tones with simple forms and are intended to complement the surrounding urban landscape.

Outdoor features planned for the development include green spaces, recreation areas, and playgrounds for various age groups. Bicycle facilities, including racks and repair stations, will also be available.

The estate is located in an area undergoing infrastructure growth. Everyday services such as local shops, as well as childcare and educational facilities, are nearby. A nearby bus terminus provides public transport access to other parts of Kraków, while a nearby road junction connects the neighbourhood to the city’s northern ring road and the S7 expressway.

Residents will also have access to outdoor recreation areas such as the Zesławice Lagoon and Bieńczyckie Planty, which offer walking and cycling paths, playgrounds, and open-air gyms.

ATAL offers buyers the option of turnkey finishes through its ATAL Design programme. Four finishing packages are available—Invest, Basic, Optimum, and Premium—differing in materials and cost.

Torus secures financing from PKO Bank Polski for office project in Gdańsk

Real estate developer Torus has signed a EUR 20 million loan agreement with PKO Bank Polski to finance its latest office development, Punkt, located in the Wrzeszcz district of Gdańsk. The agreement provides financial support for the ongoing construction of the building, which is designed to meet high environmental and technical standards.

The financing arrangement was supported by legal advisory firm DLA Piper. The agreement was finalised with the involvement of teams from both institutions, including representatives from Torus and PKO Bank Polski.

Punkt is a mid-sized office building with six above-ground levels and one underground level, offering a total gross leasable area of nearly 12,800 square metres. The building is situated close to key public transport hubs, including train, bus, and tram stations, and is near major shopping centres such as Galeria Bałtycka and Galeria Metropolia. Its location enables convenient access to central Gdańsk, Sopot, and the Gdańsk Lech Wałęsa Airport.

The design, developed by architectural studio APA Wojciechowski, includes a number of functional and environmentally conscious features. These include 3-metre-high office spaces, tilt windows, a building management system, and a dedicated mobile app for building access and services. Facilities for cyclists are also incorporated into the project. Punkt is being developed to meet LEED v4 certification standards, reflecting a focus on energy efficiency, environmentally responsible materials, and overall occupant comfort.

The project is part of Torus’ broader development strategy in the Tricity area, where the company has previously delivered several commercial buildings. The Punkt development is expected to contribute to the local business infrastructure while meeting demand for modern office space in the region.

Poland: How much do the cheapest new apartments cost?

A recent survey conducted by the real estate website dompress.pl provides an overview of the cheapest new apartments currently offered by developers. The report outlines not only the prices of these flats, but also their sizes and the housing estates in which they are available. For further details or specific inquiries, readers are encouraged to contact the publication directly.

Tomasz Kaleta, Managing Director of Sales and Marketing at Develia
In our offer, the cheapest flats, priced at around PLN 380,000, are available in the Południe Vita investment in Gdańsk and in the Unia Lubelska project in Poznań. These are compact flats with an area of around 30 square metres.

The lowest prices per square metre, starting at PLN 8,000, are mainly for larger apartments in the Południe Vita housing estate in Gdańsk and the Ogrody Wojszyce housing estate in Wrocław. We design our offer so that in every location where we carry out investments, customers can find an apartment tailored to their needs and financial capabilities.

Agnieszka Majkusiak, Sales Director, Atal
In Gliwice, in the Ogrody Andersa development, we have a 26 sqm flat on sale for PLN 278,949. In the Skwer Harmonia project in Krakow, a 30 sqm flat is available for PLN 377,468. In Łódź, in the Atal Aura housing estate, a 26-square-metre studio apartment is available for PLN 303,624. In the Naramowice Odnova housing estate in Poznań, a 32-square-metre apartment costs PLN 372,528.

In the Poematu housing estate in Warsaw, a 35-square-metre flat is available for PLN 503,295. In the Strachowicka project in Wrocław, the cheapest flat with an area of 33 sqm can be bought for around PLN 430,000. In the Przyjemne housing estate in Gdańsk, a 27 sqm flat is on sale for PLN 363,768.

Mariusz Gajżewski, Head of Sales, Marketing and Communication BPI Real Estate Poland
The price of flats in our investments depends on the location and the standard of finish. The current cheapest flat in our offer is located in the Panoramiqa project in Poznań and costs PLN 444,715.

Katarzyna Mirota, Board Member, Matexi Polska
We have a diverse range of offers, in terms of investment standard, price and location. The cheapest apartments in terms of gross price for the whole are in Warsaw, in the Włochy area, in the XYZ Place investment. Prices here start at 544,000 for a studio apartment with an area of 28.36 sqm.

In the Krakow market, we offer the cheapest flats in the Takt Lirników development. The price of a studio flat with an area of 26.34 sqm is PLN 482,000.

Zuzanna Należyta, Commercial Director at Eco Classic
Currently, the cheapest offer in our portfolio is a 33-square-metre, two-room apartment available in the Wolne Miasto development in Gdańsk, with a total gross price of PLN 429,000.

Agata Zambrzycka, Sales and Marketing Director, Aurec Home
Our developments are located in green districts of Warsaw, such as Włochy, Ursus and Białołęka. In the Miasteczko Jutrzenki Dzielnica Lawendy, which offers the last three-room apartments, prices are around 820,000 PLN. On the other hand, in the industrial complex Fabrica Ursus, which offers apartments with a floor space of 32 square metres, prices start at 527 thousand PLN.

We have recently introduced the pre-sale of apartments in the new My Forest housing estate. This unique place is characterised by ecological solutions and a private forest with an area of 4,000 sqm available only to residents. Prices for apartments in My Forest start at PLN 421,000.

Anastasia Prusiecka, Sales Department Folwark Jankowice, Grupa Konkret
Currently, Grupa Konkret has one development on offer, located on the outskirts of the Poznań metropolitan area in Jankowice. The Folwark Jankowice project is a housing estate that combines intimate multi-family buildings, terraced houses and single-family houses. It is, therefore, an offer addressed to a wide group of customers. They have one thing in common. They want to live outside the city, surrounded by nature, and this is guaranteed by the nearly 18-hectare palace park, which is in the immediate vicinity of the development. Considering multi-family buildings, the cheapest apartments in our offer cost less than 390 thousand PLN gross. For this price, the customer receives a two-room apartment with an area of approximately 38 sqm with a balcony ranging from 8 to 10 sqm. Importantly, we still have such premises in buildings that have already been completed, so the customer receives the keys to their new home immediately after signing the notarial deed.

Michał Witkowski, Sales Director of Lokum Deweloper
The most affordable offer is in the Lokum la Vida development in Sołtysowice, Wrocław. A two-room apartment with an area of 33.1 square metres is available here for PLN 499,000. It includes a living room with a kitchenette, a bedroom and a bathroom. The apartment also has a loggia. It is an excellent choice for people looking for a starter apartment.

In the very popular Lokum Porto investment, located in the Old Town of Wrocław, we offer a 32.5 sqm apartment for PLN 599,000. It consists of a room with a kitchenette and a bathroom. Thanks to the well-thought-out layout, it is possible to separate a comfortable sleeping area. An additional advantage is the large loggia with an area of over 8 sqm. The excellent location of the housing estate makes it an interesting proposition for investors looking for premises to rent.

In the garden estate Lokum Verde, located in the Zakrzów district of Wrocław, we offer a three-room apartment with an area of 50.3 sqm, whose price in the developer standard is 669 thousand PLN. The flat has a living room with a kitchenette, two bedrooms, a bathroom and a separate toilet. The loggia offers a view of the green courtyard filled with various plants. It is an ideal option for people who value peace and proximity to nature.
In Sobótka, near Wrocław, in the unique Lokum Monte development, located right next to the Ślężański Landscape Park, we are offering the last available units. The cheapest of them is a two-level, four-room apartment with an area of 88.6 sqm, priced at PLN 649,000. Additional advantages include the intimate development of the housing estate, guaranteeing greater comfort of living and a sense of privacy, as well as a SPA zone with a swimming pool, available exclusively to residents.

Piotr Rojek, Sales Manager at Megapolis
As part of the ongoing investments carried out by Megapolis, we focus primarily on residential premises. The most affordable offers can be found in the OZON housing estate, located in the northern part of Krakow. These are flats with gardens, where the area of the green space often exceeds the size of the flat itself, which is an additional advantage. Similar proportions are also found in flats with spacious terraces.
The most favourable price, PLN 12,800 per sqm, is available for a 67 sqm flat with a 107 sqm garden. In addition to individually tailored conditions, we offer our clients a financing system that is unique on a provincial scale, 1% / 99%, which enables flexible and convenient purchase conditions, facilitating the implementation of the investment.

Agnieszka Gajdzik-Wilgos, Sales Manager at Ronson Development
In Warsaw, the cheapest flat in our offer is located in the Miasto Moje VIII investment. It is a 25.41 sqm flat and its price is PLN 424,724. In Poznań, the cheapest flat is in the Grunwald Między Drzewami II project. Its price is PLN 492,550.22 for 38.64 sqm.

In Wrocław, the lowest offer comes from the Viva Jagodno investment. A 48.17 sqm flat can be purchased for PLN 616,961. In Szczecin, on the other hand, the cheapest flat can be found at Nowa Północ 1B. A 26.09 sqm flat costs around PLN 300,000.

Łukasz Šedovič, Sales Director at Trust Investment S.A.
The cheapest flat in our offer is a one-room flat marked with the number M021, located in the ULTRADOM investment in Radom. The flat has an area of 26.60 sqm and its value is PLN 215,460.

Witold Kikolski, board member of MS Waryński Development S.A.
Currently, the Waryński Group is focusing on the Stacja Ligocka investment in Katowice. The cheapest flat in this project is a carefully designed unit with an area of over 38 square metres, with a total price of PLN 471,936 gross. The Stacja Ligocka investment is characterised by an excellent location, providing convenient access to public transport and full infrastructure, which makes it an attractive proposition for both first-time buyers and investors.

This flat is a perfect opportunity for people looking for a modern, functional flat in one of the most dynamically developing cities in Poland. Thanks to the appropriate layout of the space, it provides comfortable living conditions and at the same time constitutes a competitive offer on the local market.

Damian Tomasik, CEO of Alter Investment
Alter Investment is a land developer specialising in the acquisition, development and preparation of real estate for construction projects. Our business focuses on providing attractive plots of land with full legal and administrative preparation, including building permits.

We do not currently sell flats directly, but offer carefully selected investment sites that enable high-quality development projects to be realised. This allows our partners, developers and investors to start construction quickly and efficiently, responding to the needs of the housing market.

In the cities where we operate, we have land for both multi-family housing and commercial projects, including long-term rental properties. Our investments include strategic locations in dynamically developing regions, including the Tri-City.

Photo: XYZ Place, Matexi

Panattoni leases 56,000 sqm to fashion retailer at Legnica Logistics Park

Panattoni has leased 56,000 square metres of warehouse and logistics space at Panattoni Park Legnica to a global fashion retailer. This new agreement follows a recent lease with the same tenant in Głogów, bringing the client’s total leased space in Lower Silesia across Panattoni developments to approximately 95,000 square metres.

The Legnica facility is part of Panattoni’s broader presence in the region, where the company has delivered 2.5 million square metres of industrial space, accounting for roughly half of Lower Silesia’s logistics supply. In 2024 alone, Panattoni leased nearly 400,000 square metres in the region, with a large portion allocated to e-commerce operations.

The tenant has already taken early access to the Legnica site and is preparing to begin operations. The combined leases reflect continued demand for distribution and fulfilment centres in locations with direct connections to key transport routes.

Panattoni Park Legnica is located near the S3 expressway, which runs along Poland’s western corridor and connects with the A4 motorway, facilitating access across southwestern and southeastern Poland. The site is positioned as an alternative to the more developed Wrocław logistics market.

Once completed, the Legnica park will include nearly 120,000 square metres of space. The development features flexible layout options, manoeuvring areas, ground-level loading gates, and on-site parking. The project is being developed with BREEAM certification, aimed at meeting energy efficiency and environmental performance standards.

PATRIZIA acquires two logistics assets in Tuscany, expanding Italian portfolio

PATRIZIA, an international real asset investment manager, has acquired two logistics properties in Tuscany, further expanding its logistics footprint in Italy. The assets were acquired through the PATRIZIA Logistik-Invest Europa fund for approximately EUR 30 million and add to the company’s EUR 7 billion European logistics portfolio.

The acquisition includes a last-mile logistics facility in Prato, near Florence, currently leased to UPS, and a cross-docking facility in Lucca leased to Essity. The properties were developed in 2020 and 2021 and are built to Grade A specifications. Both buildings include rooftop photovoltaic systems and other sustainability features.

The Prato facility is located near major transport routes, including the A1 and A11 motorways, and serves last-mile distribution operations in Tuscany and Emilia-Romagna. The Lucca property is positioned along infrastructure corridors linking Florence, Pisa, and Livorno and supports logistics in a region with a strong industrial base, particularly in paper production. Both properties are located in areas with low warehouse vacancy rates and limited availability of modern logistics space.

PATRIZIA has indicated that the assets are fully let under long-term leases to their respective tenants. The Prato facility processes over 14,000 packages daily and connects to regional airports. The Lucca site supports Essity’s local distribution needs and is located near one of the company’s key Italian production sites. Both buildings feature clear heights of up to 12 metres and high floor load capacities.

The acquisition supports PATRIZIA’s broader strategy of investing in logistics real estate in established markets with stable income and growth potential. The company plans to enhance sustainability performance further, including expanding rooftop solar energy systems.

PATRIZIA’s recent logistics acquisitions reflect continued demand for well-located and technically modern industrial assets in areas with strong transport infrastructure and growing supply chain needs. Tuscany remains an active logistics region, supported by road, port, and airport access and steady demand for contemporary distribution space.

New leases and renewals signed at Galeria Młociny covering over 9,500 sqm

Galeria Młociny, a shopping and mixed-use centre in Warsaw’s Bielany district, has recently signed 12 new lease agreements and renewed contracts with 27 existing tenants. In total, the transactions cover more than 9,500 square metres of space, representing approximately 12% of the retail and office area in the complex.

The property is jointly owned by EPP (70%) and Echo Investment (30%). According to EPP, the leasing activity reflects the centre’s focus on maintaining relationships with existing tenants while introducing new retail concepts.

Since late August 2024, Galeria Młociny has signed leases with 12 new tenants. These include dm, a large European drugstore chain; Mr. DYI, specialising in home improvement and furnishings; and INTERSPORT, offering a range of sports brands. Additionally, Dreslow, a retailer focused on circular fashion, will also open a store. These new agreements account for a total of 3,800 square metres.

In parallel, lease extensions have been concluded with 27 existing brands, covering 5,700 square metres. Tenants who have renewed include MediaMarkt, SMYK, JYSK, Flying Tiger Copenhagen, and TOUS. The renewals suggest continued demand for space within the centre from long-standing tenants.

Galeria Młociny comprises approximately 81,000 square metres of leasable area, including retail, office, and service space. It houses over 200 retail units and more than 30 restaurants and cafés. Located near a key transportation hub, the centre is positioned to serve a high volume of pedestrian and commuter traffic.

Since opening, Galeria Młociny has hosted several brand debuts on the Polish market, including Primark and MODIVO. Other major tenants include brands from the Inditex group (Zara, Bershka, Stradivarius, and others), H&M, TK Maxx, C&A, CCC, RTV EURO AGD, and VAN GRAAF.

The property includes a range of facilities beyond retail. These include a multiplex cinema, a two-level fitness club, a bowling alley, a medical centre, and several children’s activity areas. The food and entertainment zone on the +2 level is connected to a green roof terrace and features themed areas such as Hutnik Hall, which incorporates industrial design elements inspired by a nearby steelworks.

Galeria Młociny continues to develop its offer in line with changing consumer needs, with a mix of retail, leisure, and dining options in a high-footfall location.

RRG Real Estate Group enters new era with family ownership and flagship project Lakeside 11

RRG Real Estate Group is undergoing a significant transformation marked by a rebranding initiative, a shift in ownership, and the launch of a landmark development—Lakeside11. With a clear vision toward modern, sustainable, and community-focused living, the company is positioning itself as a rising force in Bucharest’s residential real estate sector. CIJ EUROPE caught up President Pavel Kodzik and Siarhei Artemenko, Project Manager at RRG.

New Ownership and Strategic Direction

In 2024, RRG Real Estate Group became a family-owned business under the leadership of Maxim Iakovlev. A Yale graduate with experience at big companies like Lehman Brothers and Goldman Sachs, Iakovlev brings a fresh strategic direction rooted in long-term value, sustainability, and lifestyle integration.

“RRG is no longer just about developing buildings,” said Kodzik. “We are focused on creating communities that balance urban convenience with green living—projects that genuinely enhance the lives of our residents.”
The company’s renewed identity, launched under the RRG Real Estate Group brand, reflects this evolution. Significant investment was made in marketing, branding, and product design to elevate market recognition and project quality.

Lakeside 11: A Milestone Development

The centerpiece of RRG’s transformation is the Lakeside11 project, launched in September 2024. Located on a 2.5-hectare site in northern Bucharest, the development is the result of nearly two decades of strategic land acquisition and planning. The project is expected to unfold over seven years and feature multiple phases. The first phase, consisting of three blocks, is already under construction and set for completion in December 2026.
With eight floors and a unique architectural identity, Lakeside11 is distinguished by its attention to detail and commitment to quality. The sales office, fully designed in-house, showcases elements of the future development—including custom furniture and landscaping features—as a tangible representation of the final product.

Design Philosophy and Business Class Positioning

The design of Lakeside11 follows Le Corbusier’s principles, elevating the living areas above ground level to separate pedestrian and vehicle traffic and create a floating community courtyard—referred to as the “Float Spot.” This raised space will include landscaped areas, playgrounds, and communal spaces for all residents.
What further sets Lakeside11 apart is the scale and layout of its apartments. Units are significantly larger than market averages—studio apartments begin at 50 sqm, while two-bedroom units reach 70 sqm or more. The low-density design includes only 160 apartments per hectare, in contrast to typical projects in Bucharest that range from 300 to 400.

“Each element, from the door swing to the landscaping, has been thoughtfully considered,” said Siarhei Artemenko, Project Manager at RRG. “We design from the inside out, ensuring every apartment layout is efficient and livable.”

Top-floor penthouses boast panoramic lake views and generous terraces of up to 64 sqm. Prices start from €105,000 + VAT for one-bedroom units and range up to €460,000 + VAT for penthouses, with full interior fit-outs included.

Innovative Sales and Investment Model

RRG has introduced a phased payment model called “#InvestWithRRG,” allowing buyers to partner in the development process. Clients pay in installments tied directly to construction progress—starting with down payment, followed by additional payments as key milestones are reached.

“This structure gives our clients security and control,” explained Kodzik. “They only pay as the building progresses. It creates a partnership model rather than a transactional one.”

Buyers who choose this option benefit from partnership pricing and, for investor clients, potential returns up to 20% annually if reselling upon project completion.

Administrative Challenges and Market Risks

Despite its optimism, RRG acknowledges the broader difficulties in Bucharest’s real estate landscape. Lengthy and unpredictable permitting processes have delayed development and driven up costs, disproportionately affecting small and mid-sized developers.

“Administrative blockages are having a serious impact,” said Kodzik. “Permitting delays can freeze construction for months if not years, risking financial viability. Without reform, the market risks monopolization by large players, reduced competition, and less affordable housing.”

RRG calls for a more transparent and collaborative dialogue with local authorities, aiming to balance regulatory oversight with efficient processing. “We’re ready to comply with any regulation,” Kodzik added, “but the administration must also commit to timely approvals.”

Building Trust through Transparency

Transparency is central to RRG’s sales and investor relations. Buyers receive bi-monthly video updates from the site, titled Inside Lakeside, providing a detailed view of construction progress. In addition, RRG makes its financial records available to buyers and has increased its group capital to over €10 million to reinforce financial credibility.

“People want more than an apartment—they want trust,” said Kodzik. “That’s why we show our progress, provide open financials, and keep communication consistent.”

Future Growth and Local Integration

RRG is considering expanding Lakeside 11 with nearby land parcels but remains focused on responsibly executing the current phases. The company also highlights the advantages of the location, which includes access to a metro station, commercial centers, and potential integration into Bucharest’s future “Promenada Verde” lakeside walking and cycling network.

“This area is still evolving, but we see its enormous potential,” said the team. “Our residents will benefit not just from what’s already here, but from the city’s long-term development plans.”

As RRG Real Estate Group moves forward under new leadership, it is clearly positioning itself as a modern, customer-focused, and quality-driven developer in Romania’s evolving residential market.

Penta reports record CZK 15.6 billion profit in 2024, highest since founding

The Penta investment group posted a record net profit of CZK 15.6 billion in 2024, marking a 29% increase compared to the previous year and the highest earnings in the company’s history since its establishment in 1994. The strong financial performance was driven primarily by its pharmacy chain Dr. Max, alongside contributions from other key segments including healthcare, betting, banking, and real estate.

According to figures released by Penta today, the group achieved a return of 16.1% last year. Its total consolidated turnover reached CZK 274.2 billion, a year-on-year rise of approximately 25%. The company also paid CZK 20.2 billion in taxes and levies in 2024.

Dr. Max remained the largest contributor to Penta’s profits, followed by the Fortuna Entertainment Group, the Penta Hospitals network, financial services, and real estate developments. Penta Real Estate, a major player in the group’s portfolio, currently manages assets worth nearly CZK 43 billion.

“We significantly strengthened our position in healthcare and social services in the Czech Republic last year,” said Penta co-founder Marek Dospiva. “Penta Real Estate continues to play a key role in transforming Prague and Bratislava into modern metropolises and is now preparing for expansion into the London market.”

In a major strategic shift, Penta opened its fund to qualified investors at the end of 2024. According to Dospiva, the group exceeded its annual fundraising target within the first two months of the initiative.

Penta, founded by Marek Dospiva and Jaroslav Haščák in September 1994, is a Central European investment group operating in more than ten countries. It focuses on long-term investments across retail, healthcare, real estate, financial services, manufacturing, and media. The group currently employs over 50,000 people and maintains key offices in Prague, Bratislava, Warsaw, and Cyprus.

Source: CTK

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