ARTICLES LABELLED WITH TAG black-friday
25
Nov
2025
Nov
2025
Black Friday kicks off Czech retail's peak shopping season
With the arrival of Black Week and its climax on Black Friday on 28 November, Czech retail enters its most intense period of the year. The week of discounts seamlessly transitions into Advent shopping, which traditionally brings the highest weekend footfall and sales of the year. CBRE, the global leader in commercial real estate services that manages dozens of shopping and retail centres across the Czech Republic and authors the regular Shopping Centre Index, confirms that the combination of November promotions and the pre-Christmas season fundamentally shapes the performance of brick-and-mortar retail and its connection with online channels.
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New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
