Czech lucrative properties such as hotels, offices, and shopping centres are now heading into the hands of domestic investors. On the other side, foreign investors are gradually leaving the market, reports seznamzpravy.cz.

Qualified investors have another real estate fund to choose from on the Czech market. The new fund from Conseq and Panattoni focuses on industrial real estate across Europe, reports Newstream.cz.

The Reico ČS Nemovitostní fund (RČSN) has sold its smallest property, the shopping centre in České Budějovice. The building has been purchased by Conseq realitní, an open shareholding fund managed by Conseq Funds investiční společnost (investment company). 

Accolade Group has announced the acquisition of a majority stake in the Karlovarská Business Park complex near Prague Airport from Czech real estate fund Conseq realitní. Accolade is now 100% the owner of this complex. Both parties have decided not to disclose the amount of the transaction, which was brokered by CBRE.

Bluehouse sold the Korso Karviná shopping centre (in the Northern Moravian region of the Czech Republic, east of Ostrava) to local investor Conseq Investment Management in this year’s first shopping centre transaction on the Czech market.