Golden age of Czech retail has ended: DTZ

Retail market saturation in Prague and in many other regional Czech cities is starting to be felt by developers, according to global property adviser DTZ. In a note on the Czech retail market, DTZ said 'the golden age of Czech retail, when practically every project was a success, has ended'. This has resulted to many developers seeking out expansion in Ukraine, Russia or Romania, where the population’s demand for consumer goods is instead gaining strength.

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