UniImmo: Deutschland managed by Union Investment Real Estate GmbH acquired a majority stake in Palladium Praha, s.r.o. from Hannover Leasing GmbH & Co. KG for approximately €570 million at the end of 2014. Hannover Leasing will retain a minority stake in Palladium. The financing of the acquisition was supported by a consortium consisting of BayernLB and Helaba. Helaba also arranged the financing and leads as agent. The antitrust office UOHS has approved the acquisition of Palladium by Union Investment. CBRE acted as the real estate consultant for Union Investment.

Emil Holub, Cornelia Thaler, Sven Zeller, Andrea Halfarová, Aneta Sosnovcová, Bernadette Mader, Lubomír Bartál, Michal Pivarci, Miloš Felgr, Alexandra Margarete Uhl, Eliška Chalupová, Eliška Kadlcková, Jakub Veselý, Jan Bílek, Jaroslav Schwarz, Ondrej Šváb, Tereza Šimanovská, Veronika Kinclová of Clifford Chance in Germany acted as legal advisor for Union Investment Real Estate GmbH. Libor Prokes and Pavel Srb of Wolf Theiss acted as legal advisor to Hanover Leasing. Freshfields acted as legal advisor to Hanover Leasing.

UniImmo: Deutschland managed by Union Investment Real Estate GmbH completed the acquisition of a majority stake in Palladium Praha, s.r.o. from Hannover Leasing GmbH & Co. KG at the end of 2014.