In this year´s CIJ Awards Czech Republic, Cushman & Wakefield Retail Agency team was awarded the Best Retail Real Estate Agency. For the 8th consecutive year, Cushman & Wakefield confirmed its leading position on the local market in the prestigious CIJ Awards.
Jan Kotrbáček, Partner & Head of CEE Retail Agency team, Cushman & Wakefield: “The retail market is undergoing fundamental changes – it has to react to shifts in customer behaviour, the influence of e-commerce and also the impacts of the pandemic. In such challenging times, we are a strong partner for our clients, with experience from both local and international markets. It is our pleasure to continuously participate on the development of this significant sector of the Czech economy and contribute to improving the retail and services offer as well as the quality of the environment for customers.”
Cushman & Wakefield retail professionals use the power of the firm’s regional as well as global networks and cooperate within international teams, sharing retail market experience from various countries with one aim: to restart and further develop the performance of the retail sectors in all areas and support customers´ return to shopping and leisure activities, while also embracing the opportunities the growth of e-commerce brings to retailers. In 2020, the Cushman & Wakefield Retail team participated on closing more than 220 contracts concerning retail space of 50,000 sq m in total.
In CIJ Awards Czech Republic 2021, a project by Flow East was also awarded – the Flow Building received the Best Retail Development award where Primark opened its shop in June. It is the Irish fashion chain’s first and largest high street shop in the CEE region. Cushman & Wakefield was responsible for the building’s retail space lease and secured Primark as its tenant.
About CIJ Awards Czech Republic:
The CIJ Awards Czech Republic, now in its 21st year, recognizes and celebrates projects, transactions, companies, as well as teams that excelled over the past year. Nominations are judged on a multidisciplinary basis.
The awards are granted for the contribution of the partner to the real estate sector, the winner is voted by an independent group of sector professionals and an expert jury. It belongs to the most prestigious awards by the Contstruction and Investment Journal which has been active on the market since 1995.