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Rockspring & ECE - Valuation of the Olympia Shopping Centre Brno


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The Challenge

Rockspring & ECE required a comprehensive Year End accounting valuation of the Olympia Shopping Centre, located in the Czech Republic’s second largest city of Brno. This significant prime regional retail asset, a landmark building in the market, comprises a total of approximately 190 shop areas and over 88,000 sq m of total leasable area. The client required a detailed report format to cover all of the relevant property items.


The Solution

Cushman & Wakefield initially undertook an inspection of the property along with representatives of the owner and management staff. An analysis of major items including tenancies, turnover levels and footfall figures was undertaken, as was a full review of the Brno retail market. Our valuation team consulted in depth with Cushman & Wakefield’s retail leasing team in order to deliver an accurate overview of the centre and its market position. A detailed report was prepared considering all aspects of the property and provided to Rockspring & ECE.


The Results

Cushman & Wakefield successfully delivered a comprehensive market report and valuation in accordance with the high standards set by Rockspring & ECE. Our valuation benefitted from detailed research and analysis, and from the market intelligence sourced from our active retail agency teams and shopping centre specialists.

Contact

Richard Hogg

Partner, Head of Professional Services

Prague, Czech Republic

Phone +420 2 34603830

Contact me