The Czech Republic was the region’s second biggest market, securing 23 percent of the deals seen in H1, followed by Hungary (10 percent), Slovakia (8 percent) and Romania (4 percent). Poland led, grabbing 56 percent of the H1 deals, while Bulgaria, Croatia and Serbia have yet to record any investment activity in 2013. Offices transactions accounted for approximately 60 percent of all deals and almost 70 percent of the investment volume in CEE. This was followed by retail transactions, which made up approximately 30 percent of all deals and around 20 percent of the CEE investment volume.

“With a number of key transactions expected to close during the second half of the year, we forecast 2013 volumes to come in at around €3.5bn, which would be close to the €3.84bn figure recorded in 2012,” said Troy Javaher, head of CEE Capital Markets at JLL.


Investment volumes in the Czech Republic totaled €400m in the first half of the year. Sixty percent of the deals took place in Prague. The largest office deal was the purchase of Anděl Park by GLL Partners from SEB for €65m. (source: