Penta Real Estate and Staycity to develop £230 million London aparthotel

Penta Real Estate has entered into a partnership with international hotel group Staycity Group to develop the Morley House project in Farringdon, London.

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Penta Has Been Developing Healthcare Infrastructure for Decades. A New Fund Now Opens It Up to Investors

Penta Fund is expanding its investment offering with a third fund. The Penta Healthcare Infrastructure Fund will enable investors to participate in the development of healthcare infrastructure through a diversified portfolio of healthcare properties in the Czech Republic, generating stable, long-term rental income. The fund targets an annual return of 7%.

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Slovakia returns to the ranks of aluminium producers. Slovalco resumes production

After more than three years, Slovakia is returning to the ranks of countries that produce primary aluminium. Slovalco, a joint venture of Hydro and Penta Investments, has begun the gradual restart of production in Žiar nad Hronom. In the first phase, it will restore annual production capacity of 75,000 tonnes of aluminium. The company will invest at least EUR 100 million in the restart, and the resumed production will support more than 200 jobs.

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