The Czech investment market recorded its strongest year ever in 2025, with total investment volume reaching €4.3 billion, significantly exceeding previous highs from 2016 and 2017, according to Colliers.
Investment activity in 2026 should remain strong, with approximately €1.5 billion in equity capital currently available and a transaction pipeline worth approximately €3 billion.
"However, market dynamics will be strongly influenced by limited supply, especially in sectors where development activity remains limited," says Josef Stanko, Director of Market Research at Colliers.
During 2025, domestic capital and Czech real estate funds dominated across all sectors throughout the year. Q4 alone brought €1.84 billion in investments, the second-highest quarterly result in Czech market history. Mixed-use properties accounted for 43% of Q4 transaction volume, mainly due to the sale of the Palladium shopping center.
"2025 confirmed the strength of domestic capital. Today, Czech investors are able to carry out very large and complex transactions that were the domain of foreign players just a few years ago," adds Stanko.
Prime yield indicators remained largely stable in Q4 2025, with slight compression in the most liquid segments. The prime yield for office properties remained at 5.25%, representing a year-on-year decline of 25 basis points. Yields on industrial properties similarly declined to 5.00%, while yields on shopping centers remained stable at 6.00%.