EPG completes first phase of shopping centre extension in Karlovy Vary

03
Apr
2025
News - EPG completes first phase of shopping centre extension in Karlovy Vary #Czech Republic #EPG Group #retail

by Property Forum | Retail

EPG Group has opened a new arcade in the Varyáda shopping center in the Karlovy Vary region. The center is expanding with 17 new retail units, an information booth and a relaxation zone for customers. 


The new front arcade offers Czech and foreign brands. Fashion will be represented by Tommy Hilfiger and Marks & Spencer. The retail mix also includes the premium iWant store with Apple electronics, Douglas perfumery and Don Pealo, selling wine, cigars and delicacies. The Moje ambulance clinic opens the medical care centre.  

Other retail units opening within a few weeks include Alpine Pro, McPen, CCC, Yes zlatnictví, Kanzelsberger, Buzz, Marionnaud. 

The Varyáda shopping center is celebrating 20 years of its existence this year. There are almost 70 stores on more than 18,000 sqm. It is currently undergoing modernisation and expansion while in full operation. The expected completion date is autumn 2025. Varyáda, together with the Central Most shopping center, belongs to the portfolio of the investment company EPG Group.




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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