Penta RE sold €55m apartments in Bratislava in 2025

Developer Penta RE sold 241 apartments in Slovakia last year, up 17% annually, while their value rose 30% to €55m. It plans to increase sales at a double-digit pace this year. It has 4,000 apartments in preparation across five Bratislava locations (Bory, Medze, Chalupkova, Southbank and Vajnorská). It also plans to launch a pilot cooperative housing project and rental housing for students. The Chalupkova Offices project is 50% pre-leased a year before opening. On the London market, the company entered projects with 1,000 apartments. It used proceeds from the sale of Bory Mall and the Penta fund, where it raised €620m last year, to finance expansion.

(trend.sk)