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Market in Minutes | Czech Republic Investment Market Q2 2024

INVESTMENT MARKET HIGHLIGHTS

 

  • The total transaction volume for H1 2024 reached €874 million, reflecting a 20% increase y-o-y. Despite these initial positive signs, the figure is still 45% below the H1 5-year average volume.
  • Domestic investors maintained dominance, accounting for 82% of the H1 volume, but the market also saw acquisitions by investors from the more distant regions of the Middle East and Asia Pacific.
  • Owing mainly to the sale of Arkády Pankrác in Q1, the retail sector captured the largest share of investment volume in H1 (31%). Offices followed with 24% and industrial premises with 20%. The residential sector saw a significant increase, accounting for 18% of the investment volume recorded so far this year.
  • Yields for prime offices remained stable at 5.25% in Q2 2024. Meanwhile, other core sectors experienced slight declines: prime yields for industrial assets decreased from 5.25% to 5.20%, and prime shopping centre yields fell from 6.50% to 6.25%.

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