Chodov Centrum - Prague
Admin Member Image Neil Lewis (PS) Chodov Centrum - Prague
Posted: Sep 12 06 18:10
Total Posts: 154
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GuysHere are some pictures from my recent trip to Prague.I was deeply impressed by Chodov Centrum - okay, it is just a shopping centre, but it felt like a Bentley's in Kingston (if you know it?).ie. well healed and middle class. Near Chodov Centrum are our Zelene and Kosik developments- which continue the feel of professional middle classe.The shopping centre was full of italian-esque coffee shops. Anyone willing to pay £3 (or the Czech equivalent) for a froffy drink they could make at home for a penny - is in the middle of a consumer boom. And that is good for property prices.Just south of Chodov Centrum is the huge IBM/ HP/ Microsoft + various Banks business park - visable from the main road exiting Prague to Brno.It is an exciting and rapidly developing place and my impression is that investors who have bought on deals near by will do well.Clearly, the rental market is developing in this area, but the signs are that it is strengthening and that these units will provide good to great medium term returns.Hope this helpsCheersNeil

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Andrew Crompton (Lite Member) So if we're going to compare shopping centres ....
Posted: Sep 15 06 07:51
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I agree with Neil's sentiments - I had a similar experience in Warsaw with a shopping centre that could have been lifted from BlueWater. This one is 500 yrds from the PS Gdanski deal.Andrew

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David Busby (Lite Member) Image upload
Posted: Sep 18 06 16:41
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Due to the recent issues outlined in the newsletter Andrew's Images did not upload correctly please find the image below.

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