Czech Republic Retail Q1 2024 Figures

We recorded strong footfall and turnover levels in shopping centres in the beginning of the year.

With footfall levels growing by app 5% y-o-y, we have finally returned to the levels of 2019.

There were no new shopping centres opened in Q1; two shopping centers are under construction.

We monitor ca 200,000 sq m in under construction in retail parks across the country.

Shopping centre and retail parks rents stood stable, high street rents went slightly up in Q1.