Czech Republic and Slovakia
The Czech Republic and Slovakia's commercial real estate market is continuously experiencing a surge in demand for office spaces, retail and industrial and logistics parks, thanks to the overwhelming growth of both countries, as driven by large investments in the automotive, industrial, logistics and technology sectors.
At a glance
The Czech Republic and Slovakia continue to attract international investors as one of the most sought after locations within the whole EU for the development of commercial real estate.
In major cities like Prague, Brno and Bratislava, demand for premium office spaces proves itself stronger than ever, pushing rents higher and higher. Same in the area of industrial real estate, with vacancy rates below 1% in key areas like Prague, Brno, Ostrava, Bratislava, Trnava, Zilina, and eastern Slovakia, maintaining robust demand for modern facilities, having in particular the production and logistics as the more dominant sector.
“Values are expected to continue to move up, with industrial and logistics properties remaining the preferred asset type.”
Raffaello MarchettiCzech Republic and Slovakia specialist
