Penta Real Estate, J&T and AKIPIA Join Forces to Develop a New €3.7 Billion District in Bubny

Penta Real Estate has acquired a 50% stake in HoldCo Bubny s.r.o., which owns key land plots in the Bubny-Zátory area. Penta Real Estate will become the lead developer of a new modern urban district directly connected to the attractive neighbourhoods of lower Holešovice and Letná, as well as the Vltava riverfront, creating a place to live and work for tens of thousands of people. A further 35% stake will be acquired by AKIPIA, a newly established investment group founded by independent investors Michal Strnad, Tomáš Brzobohatý and Marek Šmrha. The group will focus on attractive market opportunities, combining strong capital backing, flexibility and a long-term investment horizon. The remaining 15% will be retained by the current owner, J&T Group, which will remain involved in the project as a financial partner. By 2050, Bubny will be transformed into a new urban district comprising approximately 25 city blocks and up to 10,000 apartments. Total investment in the project is expected to reach approximately €3.7 billion.

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Dôvera and Union Health Insurance Companies Join Forces

Achmea B.V., the shareholder of Union, and Dôvera, a member of the Penta investment group, have signed a share purchase agreement under which Union Health Insurance Company will become part of Dôvera. The transaction aims to create a stronger foundation for the further development of health insurance in Slovakia. The acquisition will be financed entirely by Dôvera’s shareholder and will not affect funds designated for the reimbursement of healthcare services.

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Penta Hospitals Enters the Estonian Market by Acquiring the Country’s Leading Senior Care Provider

The transaction marks the group’s entry into its fourth EU market and strengthens its position in long-term care, one of the key healthcare and social care challenges across Europe. Penta Hospitals International (PHI), Central Europe’s leading healthcare and long-term care groups, has agreed to acquire Südamekodud, Estonia’s largest provider of elderly care services. Through this transaction, PHI is entering Estonia as its fourth EU market and further expanding in elderly care, a sector that is becoming increasingly important as Europe’s population ages.

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Penta Real Estate, J&T and AKIPIA Join Forces to Develop a New €3.7 Billion District in Bubny

Penta Real Estate has acquired a 50% stake in HoldCo Bubny s.r.o., which owns key land plots in the Bubny-Zátory area. Penta Real Estate will become the lead developer of...

Dôvera and Union Health Insurance Companies Join Forces

Achmea B.V., the shareholder of Union, and Dôvera, a member of the Penta investment group, have signed a share purchase agreement under which Union Health Insurance Company will become part...

Penta Hospitals Enters the Estonian Market by Acquiring the Country’s Leading Senior Care Provider

The transaction marks the group’s entry into its fourth EU market and strengthens its position in long-term care, one of the key healthcare and social care challenges across Europe. Penta...

Privatbanka Becomes Penta Bank

Penta Investments is reinforcing its position in the financial services sector, which it sees as an attractive opportunity for further growth. A key milestone in this strategy is the transformation...

Penta Real Estate strengthens its holding structure. David Musil appointed CEO

Penta Real Estate, the real estate division of Penta Investments, is entering a new phase of development. Evolving from a regional developer with a dominant position in the Czech Republic...

Exceptional results reflecting a resilient portflolio

Penta reported a record net profit of €714 million for the financial year 2025, driven by profitable growth in all its key investments.

Fortuna Entertainment Group Expands into Lithuania with Acquisition of TOPsport

Fortuna Entertainment Group (FEG), the leading omni-channel gaming entertainment provider in Central and Eastern Europe, has signed an agreement to acquire a 70% stake in TOPsport, the market-leading online sports...

Penta Real Estate enters the British real estate market with two residential acquisitions

Penta Real Estate is launching its expansion into the UK property market through the development of more than 680 new apartments in two attractive locations in the wider centre of...

Petr Řehák Appointed as the New CEO and Chairman of the Board of Privatbanka

Privatbanka, a.s., a member of the Penta Investments group, has appointed Petr Řehák as Chief Executive Officer and Chairman of the Board of Directors. He replaces Ľuboš Ševčík, who is...

Penta Fund strengthens its top management

Penta is strengthening the leadership of Penta Fund. After an exceptionally successful start, experienced banker Tomáš Hochmeister will become the new CEO of Penta Fund as of December 1. He...

Fortuna Entertainment Group Acquires Montenegrin Lob

Fortuna Entertainment Group (FEG), the leading omni-channel gaming entertainment provider in Central and Eastern Europe, has signed an agreement to acquire a 51% stake in Lob, Montenegro’s second biggest operator...

Penta Hospitals plans to acquire Group Mediterra and significantly expands its healthcare network, adding six hospitals and a medical school to the network

Prague, 16 October 2025 – Penta Hospitals, one of the leading private healthcare and social care providers in Czechia, has announced the signing for the acquisition of Group Mediterra, a.s....

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