Our comprehensive report looks back at H1 2022 market development, summarizes H1 data and gives updates on market trends and the predictions we made at the beginning of the year in our 2022 Czech Republic Real Estate Market Outlook. 

How has the landscape changed for real estate since then?

  • Rapid inflation, the Russia-Ukraine war, and faster-than-expected interest rate hikes impacted our market to a stronger degree than we anticipated at the start of 2022.
  • Longer decision-making processes, rising fit-out costs, service charges and rental levels might be common topics across the office, retail and logistics sectors in the coming months.
  • At the same time, investors and occupiers will continue to focus on refining their ESG plans. A well-built plan can help to understand and mitigate risks and achieve specific ESG goals.