The Czech retail market continued to expand in Q2 2026. Development activity remained concentrated in the retail park segment, while international retailers continued to view the Czech Republic as an attractive expansion market. Consumer spending was supported by rising wages and low unemployment, providing a favourable backdrop for retail sales growth. Prime rents remained largely stable across the market, with modest growth recorded only in the retail park segment.
- Total modern retail stock in the Czech Republic reached 4.1 million sq m. During the first half of 2026, 38,300 sq m of new retail space was delivered, including 35,300 sq m of retail park space and 3,000 sq m added through the expansion of an existing shopping centre.
- Retail parks remained the dominant source of new supply. The largest project completed during the first half of the year was RP Teplice, which delivered 8,300 sq m across 13 units as an extension to Olympia Teplice shopping centre.
- At the end of June 2026, 146,800 sq m of retail space was under construction. Of this, 71,000 sq m was accounted for by retail park developments due for completion between 2026 and 2027, while the remaining space under construction comprises shopping centre projects scheduled for delivery in 2028.
- The Czech market attracted 16 new retail brands during the first half of 2026. Food & Beverage was the most active category, accounting for seven new market entrants, followed by fashion, footwear and accessories with four new brands. Prague remained the primary entry point for most international retailers.
- Prime high street and shopping centre rents remained unchanged quarter-on-quarter in Q2 2026, while prime retail park rents increased by 3%.
