The Palladium, a massive shopping centre flanking one side of Republican Square in downtown Prague, opened to great fanfare in late October and so brought to a close the biggest story of the Czech property market in 2007.
November 29, 2007 at 01:12 AM
1 minute read
The original version of this story was published on Legalweek
The Palladium, a massive shopping centre flanking one side of Republican Square in downtown Prague, opened to great fanfare in late October and so brought to a close the biggest story of the Czech property market in 2007.
Just five months before, European Property Development (EPD) sold the Palladium to the German fund Hannover Leasing for E500m (£360m), the largest-ever transaction for a piece of property in Central Europe.
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