Publication

Market in Minutes | Czech Republic Investment Market Q1 2024

INVESTMENT MARKET HIGHLIGHTS

 

  • First quarter investment was up on the same period of 2023. The market witnessed a total of eight transactions completed with a combined value of nearly €540 million.
  • Domestic investors represented 68% of this total, marking the lowest share since Q4 2022. Assets based in Prague contributed to more than half of the total volume in Q1 2024.
  • The average transaction size slightly exceeded €67 million, reflecting a 72% increase compared to the previous year. There were two large sized deals, each with value exceeding €100 million.
  • Prime yields for core assets remained unchanged for the fourth consecutive quarter. In Q1 2024, prime office and industrial yields maintained stability at 5.25%, while yields for prime shopping centres remained at 6.50%

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