US EditionPenta Real Estate Enters the UK Market with Two Residential Projects in London
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4 Articles
Penta Real Estate, part of the Penta investment group, has entered the British real estate market. In London, it will build two projects with approximately 680 apartments for more than 20 billion crowns with the local development company Ballymore. Construction began this year and is scheduled for completion in 2029, Penta representatives said in a press release on Wednesday.
Penta Real Estate Makes London Debut Through £700m Joint Venture with Ballymore
Slovakian developer Penta Real Estate has officially entered the UK market, launching its first London projects through a new 50/50 joint venture with urban regeneration specialist Ballymore. Together, the partners will deliver more than 680 new homes across two major residential schemes, marking a significant milestone in Penta’s international expansion. The developer has recently established a London office and is moving ahead with its initial…
Penta Real Estate enters the UK market with two residential projects in London
Penta Real Estate has entered the UK market in partnership with Ballymore, announcing a joint venture to build more than 680 homes across two locations in London. The agreement is split 50:50 between the two developers. The Cuba Street scheme will see a 52-storey residential tower go up next to Canary Wharf. Plans include modern flats, community spaces and a public park. The Capston marks the final phase of Embassy Gardens in Nine Elms, with 2…
Penta Enters the British Market. It Will Build Hundreds of Apartments in London for Tens of Billions
The real estate division of the Czech-Slovak group Penta has begun its expansion into the British market. It plans to build a total of more than 680 apartments in two locations in two projects in the wider center of London. The investment exceeds 700 million pounds, or roughly 20 billion crowns. Preparatory work began this year on both projects, which are being built in cooperation with the London developer Ballymore.
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