The second quarter of 2019 continued the strong start to 2019 seen in Q1.  The total investment volume in the second quarter reached EUR 645.4 mln in 13 transactions, whilst over the trailing twelve months (TTM) the total volume reached over EUR 3.2 bln, broadly in line with the TTM figure in Q1.

In Q2 2019, the office sector was the most popular among investors with almost EUR 365 mln transacted in five transactions (a 57% share of total Q2 volumes), followed by the industrial sector with a 20% share of total market volumes. Hotels and the retail sector represented a 10% and a 3% share of total investment volume respectively. The remaining 11% were mixed-use or other types of RE investments.

South Korean investors continued to be very active in the Prague office market with the acquisition of both Rustonka and Main Point Pankrac for a combined volume of EUR 294 mln, whilst Czech investors were also key movers, buying assets worth EUR 228 mln.

Also of note was the re-entrance of TPG Real Estate Partners to the Czech Industrial & Logistics market with their tie up with investment and development group Contera.