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Dasbach Smits appointed new manager for shopping center Metropole in Prague

Commerz Real, the investor of Metropole has selected Dasbach Smits as the new management company for their shopping center Metropole in Prague

Metropole, with a GLA of 55,000m2 is one of the largest and most successful shopping centers in the Czech Republic. The center is located in the western part of Prague, close to ring road with its exits to Plzen, Karlovy Vary and Kladno. Developed in 2005, it forms together with the neighboring IKEA and Globus a strong regional retail destination. From the start the center has seen a growing footfall and turnover.

As of August 2nd 2017 Dasbach Smits through an affiliate company Star Management Prague will be responsible for the management of Metropole.

Dasbach Smits is an investment, advisory and management company established in 2015 by Mr. Ronald Dasbach. Mr. Ronald Dasbach was between 2002-2015 the manager director for Multi Development in Central and Eastern Europe. Under his responsibility numerous shopping centers were developed in this region with a total investment value of over € 1.3 billion.

Source: Press Release, Prague 11.09.2017

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