Johnson & Johnson is Penta‘s largest tenant in the Czech Republic

The Penta investment group concluded a lease agreement with Johnson & Johnson for almost 16,000 m2 of floor space in the Mechanica office complex. Construction of the two buildings began this spring in the new city district of Waltrovka in Prague’s Jinonice, with completion expected at the end of 2017. 

“Johnson & Johnson is one of the world‘s ten most important companies, and selected from several options when deciding where to base its European headquarters. The fact that it has decided to give the Waltrovka project the green light, where it has leased an entire building of the Mechanica complex, is interesting for us not just in commercial terms. It is also a matter of prestige.“ 

                                                                              David Musil, Project Manager, Penta 

We are very pleased that we have managed to find a building that perfectly meets all our requirements as far as a high standard working environment for our growing company is concerned. The new premises will be used by employees of our business divisions as well as employees of Johnson & Johnson‘s regional centre, whose activities are focused on providing in-house services in the areas of finance, procurement and human resource management. We appreciate our partnership with Penta and its professional approach, which we are sure to also appreciate in other stages of preparing our office space.“ 

                                 David Mansfeld, CEO, JNJ Global Business Services s.r.o.                                        

Unlike the dynamic shapes of the neighbouring Aviatica development, the modern Mechanica complex retains the industrial appearance of the factory‘s original buildings. This look is emphasised by the heritage-listed Walter building, which is also part of the Mechanica complex. The office complex enjoys an ideal position within the newly developing suburb. It will have access to the vestibule of the Jinonice metro station via a footbridge, with a green park starting right by it, which separates it from the residential zone.

Even though there are still several months to go before the start of construction, more than 50% of the Mechanica office complex’s premises are leased, with Penta currently in negotiations with other potential tenants. As such, it is very likely that this will be a repeat of the commercial success of the Aviatica complex, which was fully leased at the time of its official opening last year in September.

About Penta

Penta is a Central European investment group established in 1994. It operates mainly in healthcare, financial services, manufacturing, retail, media and real estate development. Its portfolio companies provide jobs to more than 41,000 people and reported assets of EUR 9 billion in 2017. Penta operates in more than 10 European countries and has offices in Prague, Bratislava and Warsaw.

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