Below you can see a regular update of retail market in the Czech Republic for the second half of 2023.

Summary of current data:

• At the end of 2023, the total lettable retail area exceeded 4.01 million sq m.

• More than  32,600 sq m of retail space was completed since the beginning of 2023, all in the second half of the year.

• Nearly 43,500 sq m were under construction and refurbishment at the end of 2023.

• In H2 2023, prime shopping center rents in Prague remained at the level of €140 per sq m per month. High street prime rents remained also stable around €200 per sq m per month.

• In 2023, retail properties were the most asset class, representing 41% of all investment
  in this period.

We like questions, if you’ve got one about our research, or would like some property advice, we would love to hear from you.

The full report can be downloaded below.

Lenka Šindelářová

Head of Research and Consultancy

lenka.sindelarova@cz.knightfrank.com

+420 602 773 592

Pavla Kubíková

Senior Researcher

pavla.kubikova@cz.knightfrank.com

+420 720 028 221