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Czech Republic

Entrance of Arkáda Prostějov, Czech Republic /// © Blue Assets

Blue Assets takes over the Property Management of Retail Parks in the Czech Republic

Blue Assets, the property manager of the largest commercial premises portfolio in the Czech Republic, has been expanding its operations. From January 2026, it will provide complex property management services for seven retail parks belonging to Fidurock. Blue Assets took over management of the Arkáda Prostějov on 28th November 2025.

Westfield Černý Most, Prague, Czech Republic /// Credit: URW

Westfield Černý Most brings new retail, dining and entertainment era to Prague

Unibail-Rodamco-Westfield (URW) announces the inauguration of the newly rebranded Westfield Černý Most shopping centre in Prague, including an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded, next-generation cinema experience, the destination now spans approximately 94,100 sqm of GLA and 180 units.

Credit: Prague City Tourism

PALLADIUM Shopping Center to be acquired by Reico

Part of the Austria based Erste Group, REICO is soon to acquire PALLADIUM Prague shopping center, in Prague, Czech Republic. As of today, the value of the transaction has not been revealed, and the transaction is currently being assessed by the Office for the Protection of Competition (UOHS).