The Czech retail market remained resilient in Q1 2026, supported by solid consumer spending, high employment and easing inflationary pressures. New completions were limited and continued to be dominated by retail parks, underscoring their role as the most resilient retail format. Despite ongoing cost pressures and external geopolitical risks, macroeconomic conditions remained supportive of retail turnover growth and occupier demand.
- Total completions reached 20,900 sq m in Q1 2026, with retail parks accounting for the majority of new space delivered, driven by demand for convenience led formats.
- The largest project delivered during the quarter was RP Třeboň, comprising 9,900 sq m of retail space.
- A total of 147,800 sq m of retail space is currently under construction, split almost evenly between retail parks and shopping centres. For the full year 2026, approximately 88,000 sq m is expected to be delivered across 19 projects, with retail parks representing the dominant share.
- Prime rents recorded broad based year on year growth across all major retail segments, supported by stable retailer performance and sustained occupier demand.
