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Retail Park in Pilsen has a new format

Retail Park at Olympia Plzeň has significantly modified the tenant mix. Three retailers open their units in the course of the first quarter. Among others, the market will be complemented with a new brand, know as ‘Dětský svět Lvíček’ (The Little Lion Children’s World), which presents a concept of a playground for children. All of the new occupiers have been recruited by the Cushman & Wakefield Retail Warehouse team.

“In the course of several months, almost a half of the park has been changed – the Breno Carpets and Planeo Electro brands have joined, and The Little Lion Children’s World will open in the coming days. In mid-2012, Oresi kitchens opened its unit. It is not a routine occurrence to have performed such major changes within a single project”, says Lukáš Výtisk of Cushman & Wakefield, who participated at the transactions.

“As regards the Retail Park at Olympia Plzen, it represents one of the prime establishments in Pilsen Region which has a long-term strategy. This has been reflected in the interest shown by both shoppers and occupiers”,  Výtisk adds.
A newcomer, The Little Lion Children’s World, opened its first store in the Czech Republic in January. It took place in the Černý Most Shopping Centre where the leases of the premises were also intermediated by C&W.

“We have introduced a concept of children’s playgrounds designed for shopping centres or retail parks. It is our strategy to focus on the most successful projects with high footfall”, says Mr Václav Holeček, the proprietor of The Little Lion Children’s World.

“The playgrounds have been designated for children of up to 15 years of age. For a one-off fee, children may stay in the playground for an unlimited period of time. Child visitors, apart from regular slides, toboggans, trampolines, and large inflatable bouncy castles, are also offered further attractive playing elements, such as a ‘tyre slide’ (joy-rides upon inflatable tyres along an artificial slope) and a ‘spider tower’, both of which are new on the Czech market. All of the attractions are also open and accessible to parents who thus may take an active part”, Mr Holeček adds.

The overall park size equals approximately 8,000 square metres and new occupiers will take up almost 3,700 square metres out of this total area. The rest will continue to be occupied by those brands that have proved effective – they include SIKO Koupelny (bathrooms), Intersport, Levné Knihy (inexpensive books) and (the pet shop) Zvěrokruh.
The park’s management has been the responsibility of Cushman & Wakefield, which took over its administration in the summer of 2012.