Palac Flora is a successful shopping centre with office element on the upper floors. The property’s total leasable area is ca. 38,800 sq m, divided between ca. 20,200 sq m of gross leasable retail premises, ca. 17,700 sq m of office premises, ca. 900 sq m of storage area and 743 parking underground car parking spaces.
Palac Flora is located in the popular residential and commercial areas of Vinohrady and Zizkov in Prague 2 and 3, respectively, neighboring the city centre district. Palac Flora has excellent vehicular and public transport connections including direct access from the metro together with good tram and bus line coverage.
The strong performance of the property has been attracting a very strong tenant mix which is being continuously monitored and managed to maintain the high profile of the shopping centre. The centre has been selected as a market entry location for several tenants such as IMAX, Max Mara Weekend and Paul’s bakery. Currently there are ca. 130 stores with a strong focus on retail.