Palladium in Prague 1 to get facelift

Palladium in Prague 1 to get facelift

Published at: 2017-07-13 11:49 | Author: CIJ Journal
After 10 years of operation, the Palladium shopping center on nám. Republiky in Prague 1 is set to undergo a thorough redesign. Work will start on the façade, but the interior will also be modernized over the next two to three years, with navigation through the shopping center to be simplified. Palladium changed hands in 2015, with the new owner, Union Investments, paying €570m in what was the largest single property transaction in the Czech Republic to date. Expansions and modernizations of shopping centers are trending on the Prague market, where there is lack of space for new development, says Tomáš Vavrečka of Cushman & Wakefield.

Similar Stories:

Alza's automatic store of the future has a future
The store of the future Alza.cz unveiled in January has exceeded the company's expect  »
Billa to open 12 new stores in Czech Republic in 2018
The Billa supermarket chain will be opening 12 new stores this year in the Czech Republic  »
Smyths buys German Toys R Us stores
The collapse of the American toy retailing giant Toys R Us has had an impact on the Europe  »
Prima Shops Oradea signs new tenants
Oasis Development signed a number of new clients at its Prima Shops in Oradea. The tenant  »
Are new retailers arriving in the Czech Republic because of the boom? The Czech Republ   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »