Penta buys into Kaprain’s brownfield project next to O2

Published: 20. 12. 2023

It’s been a busy end of the year Penta Real Estate, which has carried out a series of moves since completing its landmark Masaryčka building in downtown Prague. One of the most significant deals is the acquisition of a 40% stake in a project next to the O2 arena in Vysočany – Prague 9 led by Kaprain. Located on a 50,000 sqm plot that once housed the Howden ČKD factory, the investment will unfold according to an urban plan prepared for Prague 9 by the architect Jiří Řezák of Qarta architektura. Emil Kolben square will form . . .

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