Czech retail continued its modest growth trajectory in 2025, with regional shopping centres recording a 1.2% increase in footfall and 2.1% growth in turnover, according to CBRE's Shopping Centre Index. The vacancy rate dropped to a historic low of 2.8%, while average rents increased by 2.3%.
"Data from last year shows a market in good condition: shopping centre vacancy fell to historic minimums, average turnover pace accelerated year-on-year, footfall stabilised and rents grew. However, beneath the summary figures, differences between individual sectors and types of centres are becoming more pronounced," said Jana Prokopcová, Head of Market Research at CBRE. She noted that today's success depends on format and tenant mix, not just location alone.
The retail mix continues to evolve, with fashion maintaining the largest share at approximately 37%. Specialised food retailers saw the biggest expansion at 14%, followed by services at 10% and home goods at 6%. Electronics performed strongest with 6.5% growth, while leisure and entertainment grew 5.2% and sports increased 3.5%. The fashion segment recovered after 2024's decline, growing 1.2%, though men's fashion surged 15.5% while women's fashion declined.
Shopping centres with dominant food anchors performed best with 3.4% turnover growth, while experience-oriented centres grew 2.3%. City centre locations managed only 0.4% growth. "A centre that can offer a reason to stay longer - combining food, services, leisure and quality environment - has an advantageous position," explained Jan Janáček, Head of Retail Sector at CBRE.
The Czech Republic ranks third in the EU for retail park density at 194 sqm per 1,000 inhabitants, approximately 50% above the EU average. Retail parks comprise 45% of total retail stock compared to the EU average of 35%. With new shopping centre construction stagnating until 2027, retail parks continue expanding with around 90,000 sqm expected in 2026.
