Press Releases

Twenty-eight¹  out of the total of 80 brands that tapped the market in the Central and Eastern European region²  in 2018 chose the Czech Republic as their destination. As a result, the number of new brands coming to the country remained the same as in the previous year. Poland is a close second with 26 new international brands having opened their first shops there last year. The figures come from the latest comparison prepared by Cushman & Wakefield, which monitors and compares data in the real estate sector across the region. This enables the company to provide a full picture of the developments on the Central European market.

As shopping centre markets reach maturity in most European countries, there will be growing polarisation between successful prime schemes and struggling secondary sites which are having to diversify to survive, according to new research from Cushman & Wakefield. 

Cushman & Wakefield enjoyed an outstanding evening of success at the HOF Awards 2019. 

Cushman & Wakefield teams have been awarded in 5 categories at the 2018 CIJ awards Czech Republic on Thursday 29 November 2018, held at Prague Marriott hotel. It is an outstanding result having the most awards of any.

VAPIANO, the fast casual dining restaurant chain offering trendy, modern Italian inspired cuisine cooked à la minute and in front of the guest, will open its first location in the Czech Republic in July of this year. The restaurant will be located on the premises of Prague’s Quadrio shopping centre.

Huawei is opening its new customer centre on the premises of the Quadrio shopping centre in Prague’s Národní třída, which will be available to customers and the general public seven days a week. Cushman & Wakefield facilitated the lease of Huawei’s first customer centre in the Czech Republic. 

Prague’s capacity for development has not been exhausted yet by far and this holds true for the rest of the Czech Republic as well, with highly attractive locations still available for new retail or multipurpose schemes with a high ratio of retail space.

Cushman & Wakefield has been appointed by CPI Property Group to continue as a property manager of two major shopping centres and one multifunctional complex in Central and Eastern Europe which have been recently acquired from CBRE Global Investors. Cushman & Wakefield currently manages 16 retail and multifunctional assets totaling 344,300 sq m owned by CPI Property Group in Central and Eastern Europe. 

The role of gastronomy in shopping centres is bigger than ever before. As a result, the area of catering space has been increasing year after year. It currently takes up about 5-10% of the total area. The percentage is higher in centres with a high footfall situated on major traffic hubs. Increasing variety of offerings sets another trend. Fast food is being joined by brands placing emphasis on authenticity and product origin. Many shopping centres are rapidly adapting to the trend and creating or expanding their catering capacities.