Text of Development of world class department store · Lane Crawford, TSUM and Tsvetnoy. Management team....
Investment opportunityDevelopment of world class department store
We offer you participation in redevelopment of the iconic KOTVA to createworld class department store.
To create the “must visit“ and most outstanding retail destination in Prague.
The scale and location of the building give Kotva a unique presence in the heart of Prague retail.
Old Town Square
High street location
Prague & Kotva
5thlargest department store in Europe at the time of its opening.
8million foreign tourists are visiting Prague every year.
178 % Prague purchasing power of Europe average.
2,7million residents in Prague urban region.
1975since then Kotva has been an iconic retail place for Prague and the Czech Republic.
2021relaunch of new exciting and innovative department store as Prague retail landmark.
Current occupancy above 95%
Ground plan is created by 28
creating unique open space
200 parking places
7 above ground and 2
Net leasable area
30 000 sq m
4 000 sq m
The department store retail team are specialist management consultants and project managers with experience from some of the world’s leading international department stores including Selfridges, Harrods, Harvey Nichols, Liberty, Lane Crawford, TSUM and Tsvetnoy.
Joint venture partnershipThe owner proposes acquisition of a share of the asset with the project of a future high-end department store. Expected return of investment is above 250 %.
After signing of the NDA you will be provided with access to the gated webpage section with further information. Kotva department store vision books, business plan and financials, department store concept team, revitalization plans, building floorplans and other related material for the department store.
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