Penta plans to shift all of its development projects into separate management companies as of the beginning of 2018 in all three markets where it is active:the Czech Republic, Slovakia and Poland. Penta’s co-owner Jozef Oravkin told e15 that the company’s real estate division has grown up fast over the past years. The value of assets under management grew to €1bn and its 120 staff oversees 30 projects across three markets. The new structure is intended to simplify real estate project financing and will also be more transparent for real estate agents and other partners in the market.
