Penta Begins Occupancy Permission Process for Digital Park

Investment group Penta obtained occupancy permission for the first two buildings in the 2nd stage of office development in Digital Park Bratislava. The two buildings represent a half of the total leasable area - 40,500 m2.

"The building and finishing works on the second stage of Digital Park are on schedule. We register a lot of demand from the tenants which attests to there being space on the market for premium office space - despite the economic crisis," said Jozef Oravkin, partner in Penta.

The occupancy permission for the remaining two buildings in the 2nd stage of the development is expected at the end of May 2009.

Digital Park was Penta's first foray onto the real estate development market in 2005. With its easy-to-remember architecture and plentiful external and internal greenery, Digital Park is a sight-to-behold on Einstainova Street in Bratislava. The first stage puts 53,000 m2 of class A leasable area on the market, in two lots, combining office space with auxiliary retail and service space. The total investment will reach EUR 100 million.
The present and future tenants of Digital Park include Avnet Technology Solutions, Bank Plus, Bauer Media, Dalkia, Digi TV, Dôvera zdravotná poisťovňa, Kia Motors Slovakia, Lenovo, OTP Leasing, Penta Investments, Privatbanka, ProCare, Sauter, to name but a few.

Project process:

I. stage - 09/2006 completed and fully leased - 12,600 m2

II. stage - in construction, 70% pre-leased - 40,500 m2

Other stages for an additional 30,000 m2 are in the process of planning.

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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