Below you can see a regular investment market update on the Czech real estate market for the fourth quarter of 2023.

Summary of current data:

• While the Czech National Bank has already started  to decrease interest rates, ECB rates are likely to remain elevated at least until mid-2024

• In Q4 2023 real estate investment volumes totaled €154 million

• In 2023 annual investment volumes amounted to €1.36 billion

• Czech investors accounted for more than  80% of deals in 2023

• Retail had a 41% share on total annual investment volume

• Prime yields remained broadly stable in Q4 2023

• In the first half of the year 2024 investment activity will still remain subdued

The full report can be downloaded below this article.

I hope you find the information in this report useful.

We like questions, if you’ve got one about our research, or would like some property advice, we would love to hear from you.

Lenka Šindelářová

Head of Research and Consultancy

lenka.sindelarova@cz.knightfrank.com

+420 602 773 592