All posts by Martina Marečková

High Real Estate Prices at Home Force Czech Investors Abroad

Construction of the Petrin lookout tower in Prague Czech Republic

A lack of commercial property at acceptable prices is forcing some of the largest Czech investment funds to seek better deals abroad. The leading Czech real estate fund ČS Nemovitostní Fond bought an office building in Warsaw for more than 116 million euros early in August 2017, and in September acquired Galeria Słoneczna, a shopping centre in Radom, for 164 million euros. The ČS Nemovitostní Fond, which is the oldest and largest shared fund in the country, has also been buying up property in neighbouring countries in recent months. Continue reading High Real Estate Prices at Home Force Czech Investors Abroad