Project Highlights

200+

shops and restaurants

55,000 sqm

retail space

900

parking spaces

40,000+

daily visitors - peak >80,000/day

17 billion

approx. asset value

Metro B

Metro B

Train, Bus, Airport shuttle nearby

Superbrands

Superbrands

2023-2025 awarded

BREEAM

v.6 certificate

Location:

Náměstí Republiky, Prague 1

Owner:

REICO investiční společnost Erste Asset Management, a.s.

Period:

2025

PS Group Engagement

2005–2007:
Developer

2007–2015:
Comprehensive property management, letting, and marketing (owner HANNOVER LEASING GmbH & Co. KG, Germany)

2015–2025:
Comprehensive property management, letting, and marketing (owner Union Investment Real Estate GmbH, Germany)

2025-present:
Comprehensive property management, letting, and marketing (owner REICO investiční společnost Erste Asset Management, a.s.)

2007–present:
Palladium Parking operation and management

2007–present:
Palladium gift voucher sales

2020–2023:
Palladium Brush-Up project leadership

The Story Behind Palladium

From Romanesque Roots to a Modern Landmark

The site’s history dates back to the 12th century, with Romanesque palace remains still visible inside the centre.

In the 17th century, the grounds, where Palladium shopping centre is situated, were occupied by a Capuchin monastery. From the late 18th century, the area served military purposes, evolving into the extensive Josef Barracks complex with a riding hall.

The location also holds a special place in Czech culture: in 1834, while serving in the barracks, Czech playwright Josef Kajetán Tyl composed the Czech national anthem here.

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Why This Story Matters

For investors, developers, and tenants alike, Palladium demonstrates PS Group’s ability to integrate historical heritage with modern commercial success.

Palladium Sub-Projects

The Palladium flagship project demonstrates an integrated approach — combining retail, office, and parking with marketing, events, and community initiatives under one strategy.

Services delivered by PS Group on This Project

A selection of PS Group services executed for this project.

Development

End-to-end delivery of real estate projects — from concept and permitting to construction and successful handover.

Financial and Legal Services

Financial and legal services applied to our own investments and client projects — ensuring compliance, sound contracts, accurate reporting, and robust risk management.

Commercial Property Management

Full-service management for office and retail properties to maximise occupancy, increase value and keep tenants satisfied.

Parking Management

We manage public and private indoor parking facilities, covering leasing and rental, payment systems, maintenance, cleaning, lighting, and navigation to ensure smooth and reliable parking operations.

Letting

From strategy to tenant acquisition, we secure long-term leases aligned with owners’ goals.

Fit-out

Custom refurbishments to create functional, attractive and ready-to-use spaces.

Utilities

Supplying electricity, gas, and heat with competitive pricing, transparent contracts, and accurate billing — ensuring cost efficiency and reliable service for owners and tenants.

Marketing

Comprehensive marketing services for our own portfolio and client projects – from strategy and brand management to digital campaigns, events and media.

Commitment to Sustainability

Palladium is committed to efficient operations and sustainability, aiming for carbon neutrality by 2050.

In 2023, it renewed its BREEAM v6 certification. Modernization works included full LED lighting replacement and advanced waste management systems. In 2024, charging stations for electric vehicles were expanded.

PS Group regularly renews its ISO 14001:2015 certification (Environmental management systems), actually valid till 2027.

As part of CSR, Palladium supports projects such as the “Tree of Joy” in cooperation with the Radost dětem Foundation, along with other charitable activities.