Czech Republic Czech Investment rises
Investment & financeschedule 05 May 2022
Fraser Watson, Director, Investment Advisory at Savills
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Around EUR 898 mln worth of investments were traded in the Czech Republic in Q1 2022, demonstrating a 210 pct year-on-year increase according to the latest research by Savills.
Without the c. EUR 1.3 bln Residomo transaction which was closed in Q1 2020, this quarter's investment volume would be the highest since Q1 2019. The office sector showed a strong rebound in Q1 2022. From the previous quarter, office investment volume increased by 134 pct to nearly EUR 519 mln. This was also 218 pct above the sector's Q1 2021 volume and the highest since Q4 2016 when Florentinum and The Park traded, both being amongst the largest office developments in Prague. All of the office
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