With interest rates extremely low and in some cases negative, real estate remains an attractive asset class – a fact that has also benefited the commercial property markets in the Czech Republic and Slovakia.
Commercial real estate markets in the Czech Republic and Slovakia registered new record investment levels last year. A trend which continued in the first quarter 2017 in the Czech Republic. Solid economic growth in both countries is bolstering property markets. Real GDP growth especially in Slovakia is significantly higher than that of the eurozone. Both real estate markets are by now classified as transparent and offer still relatively attractive yields.