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News

Capital Advisory

The Czech commercial real estate market approaching €4.1 billion, with domestic investors driving 90% of what is shaping up to be a record-breaking year

"After several slower years, the commercial real estate investment market is experiencing a historically record-breaking year. Savills expects investment volumes in 2025 to reach up to €4.1 billion. To date, 69 transactions have been completed with a total volume of €4.093 billion. By the end of the year, additional transactions worth tens of millions of euros could be closed. Domestic capital is behind 61 completed deals (accounting for 88 % of all transactions) with a total value of €3.391 billion, representing 83% of the total volume. Savills also expects strong investment activity in the first quarter of 2026, when already negotiated transactions exceeding €300 million are set to be finalised."

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News

Retail

Prague strengthens its position as a retail leader as luxury brands Ermanno Scervino, Damiani and Pasquale Bruni enter the market

"According to the Savills Research European Retail Market, Prague and the wider Central and Eastern European region are set as key drivers of Europe’s retail recovery in 2025. The Czech Republic ranks among Europe’s best-performing economies. This year, real retail sales are expected to grow by 4.1% placing it ahead of many Western European markets such as Germany (2.7%), France (2.3%) and the United Kingdom (0.8%). Italy is even forecast to see a slight decline of -0.1%. Pařížská Street in Prague remains the region’s strongest luxury high street and continues to attract major global brands. Recent and upcoming openings include CHANEL, Ermanno Scervino, Damiani, Max Mara, and Pasquale Bruni."

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