News Article Czech Republic EPG Group retail
by Property Forum | Retail

The Varyáda shopping centre in Karlovy Vary has been undergoing extensive modernisation and expansion. Construction works are taking place while the centre is in full operation.

Construction of the Premiere Cinemas multiplex is currently starting in its front part. The new cinema, which is scheduled to open next summer, will offer six theatres with a capacity of up to 1,000 seats on ​​2,500 sqm.

The Varyáda shopping centre has an area of ​​more than 18,000 sqm, with almost 70 stores of world fashion brands, stores with cosmetics, jewellery or electronics, and an Albert hypermarket or cafes and hairdressers. The building was commissioned in 2005 and is now being modernised and expanded. The expected completion date is before the Christmas season of 2025. Varyáda together with the Central Most shopping centre belong to the portfolio of the investment company EPG Group.

The construction of Premiere Cinemas is an important milestone for the entire region. It is the last of the Czech regions that still lacks its multiplex. In addition to spas, Karlovy Vary became famous above all for the International Film Festival. Varyáda's possible cooperation with its organisers will still be discussed.