Nearly 70 retail parks to be built in Czech Republic over next three years


Some 66 new shopping parks are set to open around the Czech Republic within the next three years, taking up an area of around 300,000 square metres, according to a report by real estate consultants Cushman & Wakefield. There are currently 195 retail parks in the country with a total area of over 790,000 square metres. Nearly five percent of them are unoccupied. The highest number of retail parks can be found in the region of Moravia-Silesia in the north-east of the country.