Neinver opens outlet centre in Prague

23
May
2018
News - Neinver opens outlet centre in Prague #Czech Republic #Neinver #outlet #Prague #retail #shopping

by Property Forum | Retail

Neinver opened Prague The Style Outlets, its first outlet centre in the Czech Republic and the 16th centre in the company’s expanding portfolio, which totals 300,000 sqm of gross leasable area (GLA). The centre features over 100 stores in 20,000 sqm of GLA. The new centre is part of a joint venture between Neinver and The Prague Outlet signed in 2016 to create the largest outlet centre in the Czech Republic, with a total investment of €70 million. A second phase will increase the total commercial space to 30,000 sqm in the coming years. The outlet centre will bring over 600 jobs and considerable tourist spending to the local economy.


Prague The Style Outlets opens for business with key sought-after international retail brands such as Adidas, Benetton, Bogner, Frankie Morello, Gattinoni, Geox, Hispanitas, IXOX, Karl Lagerfeld, Lacoste, Marina Militare, Massimo Rebecchi, Nike, Palmers, Pepe Jeans, Trussardi, and Versace Jeans. Also, popular toys store Hamleys opens its first European outlet store at the centre. Around 20% of the brands are Czech and some retailers have chosen Prague The Style Outlets for their initial entry into the Czech market. The fashion line-up is complemented by a quality food offer that features retailers such as La Pasteria, Salanda and Flo café.
 
Given its proximity to the airport—less than 5 minutes from Prague International Airport—and its strong tourism component, it will offer amenities for international visitors and travellers such as flight arrival/departure screens, currency exchange, VAT refund, luggage lockers, taxi services with special rates to and from the airport, bus connection and help with check-in online.
 
Together with its commercial offer and its food and beverage options, Prague The Style Outlets includes a wide range of hospitality services that complete the shopping experience, such as a concierge desk, free Wi-Fi, a mobile charging station, baby care rooms, chill-out zones, terraces and playground areas. For easy access, services also include 2,400 free parking spaces, electric car charging stations, and public transport links, with a bus stop in front of the centre.
 
Prague The Style Outlets is the latest addition to The Style Outlets international platform, which now operates in 10 European locations including cities such as Madrid, Barcelona and Milan.



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New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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