The Czech commercial real estate investment market recorded approximately €1.02 billion across more than 30 transactions in Q2 2026, more than double the volume seen in Q1, according to analysis by Colliers. Residential assets accounted for the largest share at approximately 38% of total investment, with office properties close behind at 35%. Mixed-use, industrial, alternative, hotel and retail assets made up the remainder of a diversified quarter. Czech capital dominated overall, though Western European and global institutional investors also participated.
The most significant transaction of the quarter was the acquisition of Sídliště Písnice, a residential complex of approximately 760 apartments in Prague-Písnice, which WOOD & Co. purchased from CIB Group. Separately, Kooperativa and MINT acquired rental housing buildings from the Sekyra Group through forward purchase transactions as part of the Rohan City project in Prague. "Institutional capital is no longer the exception in the rental housing market; it is becoming a major player. Transactions such as the Sídliště Písnice deal demonstrate that investors are beginning to have as much confidence in the long-term fundamentals of the Czech rental apartment market as they do in the office market," said Josef Stanko, director of market research at Colliers.
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 sold by CPI PG Group to Italian insurer Generali; the building combines office space with a retail section recently leased to Peek & Cloppenburg. Prime yields across all major asset classes held steady in Q2, with office properties at 5.25%, industrial and logistics at 5%, shopping centres at 6%, and prime retail at 4.50%.
"Stable yields do not signal market stagnation, but rather a healthy alignment of price expectations with the risk-return profiles demanded by active investors. Secondary and value-add properties are trading with wider spreads, and investors are carefully evaluating their tenant profiles, capex and exit strategies," said Stanko.
Colliers expects the positive trend to continue through the remainder of 2026, with further office and residential transactions 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. "With approximately €1.46 billion in transaction volume already recorded in the first half of the year, reaching €3.0–€3.5 billion for the full year 2026 would require a solid, though not exceptional, second half. Prime yields are expected to remain stable across all major asset classes for the remainder of the year," Stanko concluded.
