Investment activity in Q4 2025 reached €1.8 billion, setting a new record for the Czech commercial real estate market. Domestic capital dominated almost entirely, and the sector breakdown highlights the renewed strength of office investments alongside robust retail performance.
In Q4 2025:
• Q4 2025 investment volume reached € 1.8 billion, marking the strongest quarterly performance on record.
• The largest transaction was the acquisition of a prime retail and office complex, Palladium in Prague, by the Czech investment fund Reico.
• Domestic capital dominated the market, accounting for 97% of activity in Q4 2025 and 85% of the full-year volume. Offices led sector allocation in Q4 2025 at 41% and retail at 38%.
• Prime yields remained stable, with a 25 basis points drop in office yields to 5.00%, indicating renewed confidence in the segment.
• Prime yields remained stable in the fourth quarter, with a slight compression of 25 basis points to 6.25% for hotels.
