Deichmann opened its flagship store in the Czech Republic
C&W Retail team was exclusively instructed to find a tenant for Na Příkopě 9-11 of total size 1150 sq m.
Strong covenant tenant was a must and high rental expectation of the landlord corresponded with the top location on Prague high street.
Step 1: Our C&W Retail team was in discussions with a number of tenants with suitable store size
Step 2: Due to the importance for Czech Republic and CEE region, negotiations were held mainly with CEE/ European headquarters of the retailers.
Step 3: C&W Retail team assisted the landlord to select a short list of potential tenants.
Landlord achieved aimed rental income and a long term lease.
Deichmann as a top shoe retailer opened its prime flagship store on Prague’s main high street.