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CEE foreign investment to recover by 2013

By Rosťa Černý

A gradual recovery in foreign direct investment in central and eastern Europe is likely by 2013, according to a new study. A five-year boom, in which FDI rose five-fold to $155bn in 2008, was halted by recession and the credit crunch, said PwC, the professional services group. Inflows shrank more than half to $77bn in … Continued

Palladium wins two CEE Quality Awards

By Rosťa Černý

Palladium wins two CEE Quality Awards for Building of the Year and Best Retail Development. •CEE Building of the Year 2007 sponsored by EC Harris, Palladium, European Property Development •CEE Retail Development of the Year 2007 sponsored by Cushman & Wakefield Article on www.europe-re.com.

Palladium opens

By Rosťa Černý

On Thursday, October 25th, the multifunctional commercial complex Palladium will be ceremoniously opened at Republic Square in Prague, one of the largest in Central Europe. Palladium has been built on the land bordered by Na Poříčí Street, Truhlářská Street, and Republic Square, on the site of the former barracks of Jiří z Poděbrad. It covers … Continued

Palladium opens october 25

By Rosťa Černý

The long-awaited ceremonial opening of the prestigious Palladium complex in the centre of Prague is rapidly approaching. The spectacular program for the public is jam-packed with famous moderators, singers and musicians, including Dan Bárta, Peha, Support Lesbiens and many others.   The long-awaited ceremonial opening of the prestigious Palladium complex in the centre of Prague is … Continued

Hannover sets benchmark yield with Palladium deal

By Rosťa Černý

Purchase of Prague mixed-use development sets record for Central Europe. The largest-ever single asset transaction in Central Europe has set a new benchmark yield for prime real estate in the region. German closed-end fund manager Hannover Leasing has paid around 500m for the Palladium in Prague, the Czech Republic’s largest central shop and office project.The … Continued