SC Čestlice – Our New Property Management Mandate


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

Immediately, we are going to introduce the post-Covid stabilization initiative, which we did in all shopping centres under our property management. For example our 6Feet Retail concept and administration of the governmental program supporting retailers in the Czech Republic.

In the next three months we are going to implement #CW 100-day program checking the property from various points of view and preparing short-term as well as mid-term property management plans.

During the summer time we are going to:

  1. Review annual budget, OPEX, CAPEX, energy consumption and suggest improvements if appropriate. Preparing a benchmarking analysis and implementing CW Reports, an online property management reporting tool based on Microsoft PowerBI.
  2. Go through facility plans, conducting revisions and tendering new suppliers if needed.
  3. Create shopping centre´s new marketing strategy in order to attract both shoppers as well as potential new tenants.

At the same time, we are going to start food-court modernization offering quality F&B space and new gastronomical concepts. Stay tuned!