James Chapman, head of capital markets for Central Europe at Cushman & Wakefield, told Hospodářské noviny that he expects to see an influx of Chinese capital hitting the Czech market as well. Future investments can be expected from South Korea and Malaysia.
Chapman says a law change concerning Chinese insurance institutions has opened way for cross-border investments. The Czech property market has been quite competitive this year, with the investment volume into all types of commercial properties expected to hit €1bn. (source: cijjournal.com)