Czech Commercial Real Estate Investment Doubles in Q2 2026

The Czech commercial real estate investment market recorded approximately €1.02 billion in Q2 2026. This came across more than 30 transactions.

The figure is more than double the volume seen in Q1, according to analysis by Colliers.

Residential assets accounted for the largest share of investment, at around 38 per cent.

Office properties were close behind, at 35 per cent. Mixed-use, industrial, alternative, hotel and retail assets made up the rest of a diversified quarter.

Czech capital dominated overall activity, though Western European and global institutional investors also took part.

Key deals: Sídliště Písnice and Rohan City

The most significant transaction of the quarter was the acquisition of Sídliště Písnice.

It is a residential complex of approximately 760 apartments in Prague-Písnice. WOOD & Co. purchased the property from CIB Group.

Separately, Kooperativa and MINT acquired rental housing buildings from the Sekyra Group.

This came through forward purchase transactions, as part of the Rohan City project in Prague.

Josef Stanko, director of market research at Colliers, said institutional capital is no longer the exception in the rental housing market.

He said it is becoming a major player. Deals like Sídliště Písnice show investors gaining confidence in the long-term fundamentals of the Czech rental apartment market, much as they already have in the office market.

Also Read: Penta Real Estate to Lead Prague's Largest Urban Renewal

Office segment sees major sales, yields hold steady

In the office segment, Skanska sold the Port7 office campus in Prague 7 to Israeli company AFI Europe. The former Czechoslovak Commercial Bank building on Na Příkopě Street was also sold.

CPI PG Group sold the building to Italian insurer Generali. It combines office space with a retail section recently leased to Peek & Cloppenburg.

Prime yields across all major asset classes held steady in Q2:

• Office properties: 5.25 per cent
• Industrial and logistics: 5 per cent
• Shopping centres: 6 per cent
• Prime retail: 4.50 per cent

Stanko said stable yields do not signal market stagnation. Instead, he said they reflect a healthy alignment of price expectations with investor risk-return demands.

Secondary and value-add properties are trading with wider spreads, he added, with investors carefully evaluating tenant profiles, capex needs and exit strategies.

Also Read: Develia Opens Pre-Sales at Bracka Vita in Katowice

Outlook for the rest of 2026

Colliers expects the positive trend to continue through the rest of 2026.

Further office and residential transactions are anticipated before year-end.

Growing interest in alternative segments, including senior housing, educational real estate and sale-and-leaseback arrangements, is also broadening market liquidity.

Stanko said approximately €1.46 billion in transaction volume has already been recorded in the first half of the year.

Reaching €3.0-3.5 billion for the full year would require a solid, though not exceptional, second half, he said. Prime yields are expected to remain stable across all major asset classes for the remainder of the year.

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