PragueConnect.cz - Economy

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Hannover Leasing is selling majority stake in Palladium for EUR 570m

Hannover Leasing is selling its majority stake in the Palladium shopping centre in Prague. Hamburg-based Union Investment Real Estate is the buyer. The transaction is worth ca. EUR 570m. The multifunctional property offers 41,000 m2 of retail space and 18,000 m2 of office space.

Source: www.cianews.cz