In 2025, the Czech retail market recorded a modest average, continued to be broadly positive in the Czech market. This was reflected in a positive expansion revival in shopping centre development, driven by two refurbishment projects and two extensions, together balance, with the highest activity recorded in services delivering more than 40,000 sq m of additional retail and food & beverage, which for another year space. Nevertheless, retail parks continued to dominate demonstrated the strongest expansion appetite. Solid ow ssoe pappe w bs oool lano ym iddns maumleasing activity was also observed in specialised retail, particularly within the health & beauty segment. In than 20 projects, confirming their ongoing contrast, store rationalisation was evident among attractiveness to both developers and occupiers. fashion, sports and household & furniture retailers. cautious but gradually improving consumer confidence. Following the record year of 2024, when the Czech international retail brands in its history, 2025 again saw the onset of the Covid-19 pandemic. According to the very strong market entry activity. Nearly 40 new retailers entered the market, led by food & beverage Czech Statistical Office, total retail sales grew by 2.8% operators and luxury and mid-range fashion brands. y-o-y, primarily driven by non-food retail and e-commerce. Online sales achieved their highest entrants, with high streets dominating their location extremes, although growth has begun to stabilise. By strategies. Market stabilisation was further supported the end of 2025, the e-commerce penetration rate by a declining number of international retailer exits. market, rental growth in prime locations slowed, reaching just under 2% y-o-y. By the end of 2025, levels, turnovers increased by around 3%, indicating improving operational performance. Retailer sentiment,