Prague is the capital and largest city of the Czech Republic and the 15th largest city in the European Union. It is the seat of a large number of state institutions and many other organizations and companies. Prague is also a highly economically developed and wealthy region with an exceptionally high standard of living, standing above not only Czech, but also European standards. According to Eurostat statistics. Prague is ninth richest region in Europe. Average monthly salary: 41,964 (CZK)
1,315
Population (M)
2,01%
Unemployment rate
Competition
Main competitors for Flora remain the same – Palladium and Centrum Chodov but as Flora is local convenience center, the impact of Chodov extension opening was not visible. The only tenant impacted was Cinema City due to canibalization (they opened 18 screen cinema in Chodov in Q4 2017).
| COMPETITION | GLA [sqm] | PARKING | ANCHORS | |
|---|---|---|---|---|
| 1 | SC Letnany | 125000 | 3200 | Tesco, H&M, KIKA, C&A, Reserved, Intersport, CCC, NewYorker, F&F, Sports Direct, Datart, Cinema City |
| 2 | Avion Shopping Park | 55000 | 2000 | IKEA, Tesco, Jysk, Sports Direct, McDonalds, CCC, Takko, A3 sport |
| 3 | Novy Smichov | 57200 | 2500 | Tesco, MARKS and SPENCER, H&M, ZARA, C&A, New Yorker, CCC, Hervys Sport, Datart, Cinema City |
| 4 | Metropole Zlicin | 55000 | 2000 | Albert, Electro World, H&M, Decathlon, LINDEX, C&A, Cinema City |
| 5 | Galerie Harfa | 41500 | 1600 | Albert, H&M, LINDEX, C&A, Datart, New Yorker, Takko, CCC |
| 6 | Palladium | 59000 | 900 | Albert, MARKS and SPENCER, H&M, LINDEX, C&A, Reserved, Esprit, Mango, Sportisimo, Douglas |
| 7 | Westfield Chodov | 102000 | 3400 | Albert, M&S, H&M, ZARA, Peak & Cloppenburg, LINDEX, C&A, Reserved, Datart, Cinema City |
| 8 | Centrum Cerny Most | 85000 | 3000 | Globus, H&M, C&A, New Yorker, Sportisimo, Decathlon |
Location
ACCESS TO THE CENTRE
The Shopping Center has excellent transportation access, comfortable parking options and connection to the city centre. It is located in one of the best public transportation hubs of Prague 3. Trams and buses stop directly in front of the building. In addition, metro line “A” has the metro stop “Flora” right at the location of the shopping centre with an entrance directly into the shopping mall. The number of inhabitants in the 10-minute drive time zone is 326,820. The total catchment area covers 1,88 mil. inhabitants.
Catchment
Key Facts
GLA:
- Retail: 21,000 sqm
- Offices: 17,300 sqm
Supermarket:
- 1,840 sqm (Albert)
Number of units:
- 138
Parking spaces:
- 766
Year of opening:
- 2003
Key tenants:
- ExxonMobil, Cinema City - IMAX, H&M, Lindex, Intersport, DM, Bata
Buzzing with attractions
Floorplan
Contact
Headquarters for the Czech Republic and Slovakia
Atrium Czech Real Estate Management s.r.o.
Vinohradská 2828/151, 130 00 Praha 3, Česká republika
T: +420 255 724 011
F: +420 255 724 010
E: info@aere.cz
Long-term retail and office leasing Ondřej Mihola
T: +420 255 724 042
E: omihola@aere.com
