During H1 2013 DTZ has recorded very high activity level from domestic investors who had until now not realized institutional real estate investment transactions. It is expected that Czech closed ended funds, private property companies and private investors will remain active over the remainder of the year, mainly concentrating on smaller transactions up to €20m. A flurry of activity from institutional investors is also anticipated towards year end 2013.
Despite the annual as well as quarterly drops in investment activity recorded in Q2, DTZ still believes the total investment volume could reach up to €1 billion as forecasted in Q1.
Source : DTZ (Groupe UGL)