ARTICLES LABELLED WITH TAG Prague

18
Apr
2016

Investors focus on retail in the Czech Republic

by Ákos Budai

According to a study by JLL called Destination Europe 2015, Prague has been ranked as the 14th most attractive market in EMEA for the expansion of international and luxury retailers. This reflects the strong purchasing power of the Prague and Czech citizens, as well as its massive volume of tourists. According to TripAdvisor’s Top 10 Global City Destinations 2016, the City of Prague ranks in 4th position in the Europe. Prague’s flourishing retail market has been on property investors´ radar over the past few years and the purchase of Palladium, a prime shopping centre in the very heart of Prague, was one of the largest transactions closed on the Czech real estate market last year.

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Latest news

New leases

108 Real Estate has helped close a new industrial lease transaction with the Logexpert team in the Adria region. XXLutz Lesnina has leased 17,000 sqm in the newly developed Logexpert Park Zdencina – a modern space tailored for logistics and retail operations.
Inter Cars Hungária Kft. has expanded its business with Prologis by signing a new lease agreement for 5,300 sqm at Prologis Park Budapest-Harbour. Colliers supported the transaction.
On Saturday, May 31, Empik joined the group of tenants of the RONDO Shopping Center in Bydgoszcz. Through stationary stores, the Empik.com platform and the mobile application, over 10 million customers shop there every year.

New appointments

Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).
Magdalena Zagórska, a commercial property expert with 15 years of professional experience, has joined international real estate advisory firm Newmark Polska as Director in the Office Department, with effect from 2 June 2025. Her key responsibilities include representing office tenants during relocations and lease renegotiations.
Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".

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