CBRE: The current trends will continue, with investment in office space and retail property sectors prevailing, Prague Post informs about recently published CBRE study OUTLOOK 2016. In 2016, total investment in the local market exceeding €2 billion is expected. According to the study, the Czech financial market is expected to remain at a very competitive level next year providing excellent opportunity for investors. We expect the total investment volume to decrease to €2 billion in 2016 as the 2015 investment volume was boosted by two large deals (Palladium and RPG byty). However, a few €200+ million transactions are expected to happen in 2016. It is still the case, that only assets in an excellent location with a long-term lease will achieve prime pricing, the outlook says.
Read also CBRE's analysis of CEE results in 2015.
Read also Prague Post's articles Investors predict ‘great moderation’ for global real estate and Brno surpassing Prague in office development.
12th October 2020