INVESTMENT MARKET HIGHLIGHTS - H2 2020
- Investment volume in the Czech Republic amounted to €797 million in H2 2020 with 60% of the H2 transaction volume (i.e. €478 million) being for properties located in Prague.
- Offices were the most dominant real estate sector in the country in H2 2020 accounting for 41% of the H2 investment volume. The retail sector followed with a share of 23%; industrial assets made up 20%.
- The share of foreign investors in the total investment volume reached 64% in H2, being slightly higher than in H2 2019 (57%).
- 25 transactions were concluded during H2 2020, while 21 deals were recorded in the first half of the year. As is common on the Czech market, the vast majority of the signed transactions did not exceed the €100 million value mark. This was true for 23 of the 25 deals signed in H2 alone and 42 of the total 46 transactions closed during the full year.
- In the second half of 2020, prime yields remained stable across most asset classes, with only a marginal compression expected for top-of-class industrial space.