Penta Real Estate in London is picking up the pace. Together with Ballymore it jumped into a third project in Brentford
The Brentford Project will offer thoughtful layouts with views of water features and green public areas. Residents will have access to facilities built in the first, completed phase – a swimming pool, fitness centre, communal areas as well as a reception with assistance services. The project represents a major regeneration of the town centre, reconnecting Brentford’s high street with the seafront. In addition to housing, retail space, a new cinema, supermarket, community facilities, public art features and landscaped pedestrian promenades along the Brent River are being developed on over 11.8 acres. The project combines residential construction with civic amenities and fits into Penta Real Estate’s broader strategy focused on the development of complex urban complexes in attractive locations.

The 50:50 joint venture between Penta Real Estate and Ballymore now includes three major London projects. Alongside Brentford, these include the 434-unit Cuba Street residential tower at Canary Wharf and The Capston, the final phase of the prestigious 247-unit Embassy Gardens development at Nine Elms. Thus, in a relatively short time, Penta Real Estate has joined the major developers with an extensive portfolio of apartments under construction in one of the most competitive real estate markets in Europe.
“With the second phase of The Brentford Project, we are expanding our London portfolio by another high quality residential development. In the first few months of working with Ballymore, we announced projects with more than thousand apartments, which immediately puts us among the visible players in the current market environment,” says Pavel Streblov, Managing Director of Penta Real Estate in London, and adds: “We believe in the right timing of entering the next phase of the market, 2026 should bring a transition from a buyer-friendly environment to a growth-oriented phase. The underlying fundamentals of the London market remain strong, underpinned by its international appeal and limited supply of new housing.”
“We entered the London market with the ambition to become a respected player. We want to move know-how from Prague to London and back. We plan to build a team of up to 30 experts and have at least five projects under construction within five years. At the same time, we are also analysing other market segments, including offices, hotels and student housing,” adds Streblov.
“The inclusion of a third project to our partnership with Penta is a reflection of our confidence in both the regeneration of Brentford and the team delivering it. The first phase is complete and 98% sold out – clear evidence of strong demand. Having secured BSR Gateway 2 approval, we are now focusing on delivering the next phase and building on our solid foundations,” concludes John Mulryan, CEO of Ballymore UK, on the second phase of the Brentford project.
About Penta Real Estate
Penta Real Estate is one of the platforms of the Central European investment group Penta, which was founded in 1994. Penta’s real estate division is currently working on more than 30 projects in Slovakia and the Czech Republic, focusing mainly on the office, residential and retail segments. At the end of 2024, the worth of assets managed by Penta Real Estate was over EUR 1.7 billion.
The company’s goal is to build quality projects that contribute to the urban development of a specific location. Therefore it therefore works with the best experts in the field, top architects and engineers. Years of experience in the real estate market combined with creativity and purposefulness are the guarantee of the highest quality and investment value of Penta Real Estate’s real estate portfolio.





