Coming Autumn 2017
NEINVER enters the Czech market through partnership with The Prague Outlet.
Together they will launch Prague The Style Outlets and NEINVER will be in charge of leasing for this project which is currently under development. Prague The Style Outlets will be the leading outlet destination in the Czech Republic and will have 190 shops in 30,000 sqm of retail space.
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Prague The Style Outlets is only 5 minutes away from Václav Havel Airport and 25 minutes away from Prague's downtown. The 90-minute catchment area provides more than 4.5 million residents, with an average purchasing power 40% above the typical CEE shopper. In addition, Prague is visited each year by 6.6 million tourists and this number is growing.
Development KEY FACTS
The business agreement was sealed in August 2016 and the Czech Republic will become the eighth market that NEINVER has a presence in. NEINVER will be the key contact for leasing, retail and property management of this project.