The value of real estate transactions concluded in the Czech Republic in Q1 2015 reached EUR 915m. Commercial properties worth ca. EUR 2bn swapped owners in 2014. Big transactions this year included the sale of the Palladium shopping centre in Prague for EUR 570m. DTZ’s Consulting & Research department head Lenka Šindelářová has stated that higher investor activity is driven e.g. by the surplus of capital on European and global markets.
Source: www.cianews.cz
