Investment in retail grew last year

Total investment in commercial real estate, according to JLLS statistics, reached a record of almost EUR 1.1 billion (CZK 28.4 billion) in CR last year. Retail segment accounted for more than half of total investment. In the Czech Republic, investors showed a strong interest in well-functioning shopping centres throughout the year. Transactions were concluded both in regional cities and in Prague. Projects such as Olympia Brno (the largest regional shopping centre in CR), Palác Flóra in Prague, Forum Ústí nad Labem and Forum Nová Karolina were sold. Furthermore, projects Olympia in Mladá Boleslav and Teplice, Family Centres and City Park Jihlava at the end of the year.