Czech retail parks hit 15-year expansion high as locals shop closer

06
May
2026
News - Czech retail parks hit 15-year expansion high as locals shop closer #Cushman&Wakefield #Czech Republic #Jan Čížek #Portin #Retail #Retail Parks #Shopping Centres

by Property Forum | Retail

Retail parks in the Czech Republic are expanding at their fastest pace in 15 years, with 82,400 sqm of new and expanded space delivered in 2025. The segment now accounts for nearly one-third of all modern retail space in the country, according to a Cushman & Wakefield report.


Czech retail is undergoing a transformation as shopping patterns shift closer to residential areas. By the end of 2025, total retail park area reached nearly 1.4 million sqm. Developers plan to deliver 19 retail parks this year with a total area of nearly 90,000 sqm.

"Retail parks have been strengthening their position in the retail market for a long time, and customers have come to like them for quick and practical shopping," said Jan Čížek, Partner and Head of Retail Warehousing at Cushman & Wakefield. "They are also an attractive product for developers and investors because over the past five years they have proven resilient to market volatility."

The largest project completed last year was RP Kozomín retail park with 14,700 sqm and 23 retail units. Other significant projects included RP Neratovice-Byškovice with 8,100 sqm and OC Klokan Uničov with 6,900 sqm. Portin was the most active developer, responsible for most new projects.

Growth is particularly strong outside major cities, with the highest number of projects under construction in the Ústí nad Labem and South Bohemian regions. Development focuses on smaller towns with populations in the low thousands to tens of thousands, where retail parks provide accessible shopping without travelling to distant centres. The typical tenant mix includes grocery chains, drugstores, discount stores, pharmacies and home-improvement retailers.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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