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Czech CRE Investment to Reach $1.5B

PRAGUE- CBRE says it is seeing increasing international interest amid a shift from UK and French markets last year to German and CEE markets.

By Allan Saunderson | Updated on April 21, 2011

PRAGUE-While growth in Czech property investment remains moderate, CB Richard Ellis says it is seeing increasing international interest amid a shift from UK and French markets last year to German and CEE markets. Czech trading links with Germany are seen as an advantage.

The small size of the market in the Czech capital Prague will play a significant role, with strong competition likely for any properties coming on the market. But vendors expecting a price boom will be disappointed due to a healthy level of investor caution. While increased competition will likely lower domestic investors’ market share, CBRE projects growth to around $1.5 billion in 2011 from $948 million last year when it was clearly dominated by domestic Czech and Slovak investors, led by CPI Group.

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

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