Thursday, 6 November 2025
Czech investors continue to play a defining role in the country’s commercial property market, accounting for the vast majority of deals completed this year. Data from leading property consultancies show that locally based buyers have been responsible for more than three-quarters of total investment activity so far in 2025, confirming a clear shift toward home-grown capital as the main driver of market momentum.
This trend marks a notable change from pre-pandemic years, when foreign funds were more active. Today, Czech investment groups and funds dominate acquisition pipelines, with domestic investors representing roughly 77–78% of total transaction volume in the first half of 2025, according to sector analysts.
The preference for local assets is supported by several factors. Property values in the Czech Republic proved more resilient during recent years of global uncertainty than those in Western European markets, where sharper corrections occurred. As a result, many international investors are now focusing on divestments rather than new acquisitions in the Czech market, opening up opportunities for local buyers who are more familiar with domestic conditions.
Local real estate funds have also attracted a steady inflow of capital from private investors seeking higher returns amid falling savings rates. This liquidity has allowed them to compete for prime properties and complete transactions more quickly than many foreign players. Domestic portfolio managers, with detailed market knowledge and established tenant relationships, are often perceived as having a clearer understanding of pricing and risk.
The Czech market itself remains stable, with limited new construction and rent growth supported by indexation clauses. This has made income-producing properties particularly appealing to long-term investors seeking steady returns in a high-interest-rate environment.
Analysts note that Czech groups are no longer confined to the domestic market. Several have begun investing in neighbouring countries, particularly in Central Europe, pursuing opportunities in office, retail, and logistics sectors. Although the scale of this cross-border expansion remains modest, it signals a growing appetite among Czech investors to diversify and compete internationally.
Overall, the Czech commercial real estate market in 2025 is defined by strong local participation, steady rent growth, and sustained investor confidence. While the exact share of domestic buyers may fluctuate in the months ahead, the broader picture is clear: Czech capital now sets the pace of investment activity at home—and increasingly, abroad.
Source: Savills, Cushman & Wakefield, CBRE and CIJ EUROPE Analysis Team
