Investment Opportunity Development of World Class Department Store
Total Page:16
File Type:pdf, Size:1020Kb
Investment opportunity Development of world class department store Opportunity We offer you participation in redevelopment of the iconic KOTVA to create world class department store. 2 Vision To create the “must visit“ and most outstanding retail destination in Prague. 3 Náměstí Republiky Old Town Square High street location The scale and location of the building give Kotva a unique presence in the heart of Prague retail. Prague & Kotva 2,7 1975 million residents in since then Kotva has Prague urban region. been an iconic retail place for Prague and the Czech Republic. 8 5th million foreign largest department tourists are visiting store in Europe at the Prague every year. time of its opening. 178 % 2021 Prague purchasing relaunch of new exciting power of Europe and innovative average. department store as Prague retail landmark. 5 Key facts Standard floor 4 000 sq m Ground plan is created by 28 7 above ground connected and 2 hexagons underground creating unique levels open space plan Current 200 parking occupancy places above 95% Net leasable area 30 000 sq m Management team 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. 7 Joint venture partnership The 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 %. Contact Miroslav Linhart Partner After signing of the NDA you will be provided with access [email protected] to the gated webpage section with further information. +420 737 235 553 Kotva department store vision books, business plan and financials, department store concept team, Ondřej Zabloudil revitalization plans, building floorplans and other related Manager material for the department store. [email protected] + 420 723 582 619 9 Deloitte prepared this document with due care from publicly available information; however, Deloitte does not accept any liability for the content of or interpretation of information contained in this document. Deloitte makes no representation or any other form of assurance with respect to accuracy and completeness of this document. Deloitte is not obligated to update, adjust or complete this document or notify its readers of any changes in the facts described herein or in any statements, outlooks or estimates contained herein or of any facts that cease to be correct. Potential investors must rely on their own inspections, financial plans and conclusions. This document does not represent a proposal for sale or an investment advice and its sole purpose is to provide information. This document and its content are confidential and may not be reproduced, distributed or passed, directly or indirectly, to any other party as a whole or in parts without the prior written approval of Deloitte. © 2019 Deloitte Czech Republic 10.