Latest news from EPG

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 vendor refused to disclose the yield but local sources estimate it to to be around 5.25%, and some say lower. Jones Lang LaSalle capital markets

Hannover Leasing GmbH & Co. KG just acquired the largest downtown business and shopping center in the Czech Republic. The Palladium is centrally located in Prague’s inner city, and includes about 19,500 m² in office space in addition to 200 stores and gastronomy businesses on more than 39,000 m². Underlying the transaction is a property value of more than €500 million. The purchase of the Palladium is not only the largest single transaction in the corporate history of Hannover Leasing,

Eva Vaňousová, EPD’s leasing manager, hopes to have the Palladium Offices nearly, if not totally, occupied by the time they open next year.   EPD provides corporate office solutions at náměstí Republiky’s historical Habsburg barracks Eva Vaňousová, EPD’s leasing manager, hopes to have the Palladium Offices nearly, if not totally, occupied by the time they open next year. The word “palladium” embodies the need to work well, balanced with the finer things in life. It’s a term that was unearthed