News

Although the retail segment is among those affected the most by the coronavirus crisis, this does not show in the number of brands newly incoming to the Czech market. Whereas 24 new brands came to the country in 2019, in the crisis year 2020 there were 25. This year, the number of newcomer brands could be even higher – some brands postponed opening their shops to 2021 due to the corona crisis. 

Despite everything what’s happening, Czech retail market is very much alive and new brands are expanding their portfolios with their first stores in the Czech Republic. At Cushman & Wakefield, we combine the global knowledge with our local expertise to assist newcoming brands in their successful expansion. So far this year, we’ve assisted following brands with their market entry, and you can rely on us with your expansion as well.

We wish you a Merry Christmas and all the best in 2020!

Cushman & Wakefield Retail MarketBeat reports analyse quarterly Czech Republic commercial property activity across retail real estate sector including supply, demand and pricing trends at the market and submarket levels. The latest edition of the report Q4/2019 is now available.

Forum Liberec, an important shopping centre in Northern Bohemia, has entered into the second half of this year with refreshed interiors as well as extended brand collection. NEPI Rockcastle, property owner, has significantly invested into remarkable changes within this shopping centre. The upgrade includes new tiles in the shopping mall, efficient design LED lighting, new escalators and new quiet zone with relax soft seating. Besides that, Forum Liberec has strenghtened its tenant mix with companies such as Sephora (cosmetics), Rituals (cosmetics), Apart (jewellery) Xiaomi (electronics), Corial (jewellery), Cross Cafe (cafe) and Fortuna (leisure) that opened their shops there and even more brands came in! The shopping experience will be better than ever before!   

Cushman & Wakefield, the global real estate services firm, was named No. 1 commercial real estate advisers and consultants – in the CEE region as well as worldwide – by Euromoney’s 2020 Real Estate Survey.

Cushman & Wakefield Retail MarketBeat reports analyse quarterly Czech Republic commercial property activity across retail real estate sector including supply, demand and pricing trends at the market and submarket levels. The latest edition of the report Q2/2020 is now available. 

Until the spring of 2021, OD May will function as a pop-up. The premises are almost fully leased, and the department store offers over 20 brands. The landlord was amazed by the interest in the project.

We have won a new property management mandate for shoppingcentre Čestlice, at the border of Prague. Looking forward to cooperation with our client HSTN company!

In this year's HOF Awards & Forum, Cushman & Wakefield Retail Agency team was awarded the Best CEE/SEE Retail Real Estate Agency, confirming its position on the regional market again.