The Czech retail market demonstrated notable resilience in Q3 2025, underpinned by robust household consumption and rising real incomes. While new retail space delivery was modest (15,300 sq m), predominantly through extensions of existing retail parks, the development pipeline is increasingly balanced between shopping centres and retail parks, reflecting a maturing market structure. Prime rents in shopping centres edged up to €150 per sq m per month, with high street rents holding steady at €235 and retail parks at €15.
- In Q3 2025, Czech retail saw the delivery of 15,300 sq m of new space across five retail parks, with over half of this supply coming from extensions.
- Key additions were the S1 Center Dvůr Králové nad Labem (4,700 sq m) and a new retail park in Vimperk (4,100 sq m).
- The development pipeline is now balanced, with shopping centres representing 54% (about 103,200 sq m) and retail parks 46% (88,200 sq m) of the 191,400 sq m currently under construction or refurbishment.
- Prime rents in shopping centres increased to €150 per sq m per month, while high street rents remained stable at €235 and retail parks at €15.
