INVESTMENT MARKET HIGHLIGHTS
- The total transaction volume for the first three quarters of 2024 reached €1.09 billion. While this is on par (+1%) with the sameperiod last year, it remains 33% below the 5-year three-quarter average.
- Year-to-date, transactions in the core real estate sectors accounted for 74% of the total volume. Retail led with 31%, followed by industrial assets at 22% and office properties at 20%.The residential sector has maintained strong momentum, withmore deals closing in Q3 2024, and so far this year contributed 19% to the total volume, marking a 131% y-o-y increase intransaction volume.
- The share of transaction volume driven by Czech investors in the first three quarters of the year has increased for the fourth consecutive year, reaching 85% year-to-date, up from 78% during the same period in 2023.
- Yields for prime offices, industrial assets and also shopping centres remained unchanged from the previous quarter.