News

Investment

Real estate investment in the Czech Republic is the strongest in the past five years

More than €900 million worth of property changed hands in the Czech Republic from January to the end of March this year. This is the strongest first quarter since 2017, excluding Q1 2020 exceptional residential Residomo portfolio sale. According to the analysis by 108 AGENCY, the real estate consulting company domestic buyers dominated by volume followed by Slovak capital. Major transactions included Bořislavka Centre in Prague 6, the IGY shopping centre in České Budějovice and the City Park Jihlava.

More
Industrial

Demand for warehouses in the Czech Republic is breaking records. Developers are responding with extensive construction

Clients' interested in new industrial premises in the Czech Republic had very little to choose from last year. Thanks to record demand, which reached a record 2.39 million sq m in gross terms for the whole year, vacancy rates fell to 1.63%, a historic low. The result was also affected by a lower volume of completed industrial properties, mainly due to the impact of anti-pandemic measures. However, this changed at the end of the year when a record 800,000 sq m of industrial space was under construction. The urgent need to meet tenants' enormous demand is also evidenced by the fact that the share of speculative development has once again increased after a longer period of inactivity.

More
Investment

Czech Industrial Property Market Third Quarter: Streamlining operations gives companies crucial competitive advantage

The rising prices of construction materials and energy, the increasing cost of land for new construction, a lack of crucial components to ensure continuous production and workforce shortages are all afflicting the industrial sector in the Czech Republic. One solution in regard to the availability of industrial real estate would seem to be the optimising of operations and more frequent investment by many companies into the automation of routine activities.

More
Submit inquiry