EPG acquired Varyada shopping center in Karlovy Vary in July 2015.
Opened in 2005, OC Varyada is a dominant regional shopping center serving a catchment of over 300,000 inhabitants. The center, easily accessed both by car and public transport, is located in the western part of the famous spa town Karlovy Vary, surrounded by residential districts and numerous sporting and leisure facilities.
Varyada currently provides a total of 18,000 sqm of retail space, including anchor tenant Albert hypermarket and 66 retail units. EPG is currently significantly upgrading and expanding the center to over 120 tenants, which will create numerous new jobs and notably improve the retail offer for this part of the Czech Republic.
EPG manages the Varyada shopping center in cooperation with CBRE.