ČESKOMORAVSKÁ NEMOVITOSTNÍ

Prices on the Czech real estate market—especially for commercial properties—have been the subject of intense debate in recent years. While they have fallen significantly in Western Europe, in the Czech Republic, led by Prague, they have remained resilient. Demand here is still strong, and far fewer office buildings have been constructed in recent years. The future of commercial real estate was discussed at the Market Mood conference by Josef Eim of Českomoravská Nemovitostní and Václav Kinský of INVESTIKA.

Investment in commercial real estate in the Czech Republic reached a historic high in 2025, totaling nearly CZK 106 billion. Year on year, investment volumes increased by 137%, surpassing the previous record from 2016, when investments amounted to CZK 91.6 billion. Despite record investment activity, the market recorded the lowest annual volume of new construction in its history. These factors are driving higher demand for existing properties, creating favorable conditions for investors in commercial real estate and real estate funds.

The office buildings Anděl 17, Panorama Business Center and Victoria Vyšehrad from the managed portfolio of the investment group Českomoravská Nemovitostní (ČMN) have obtained the BREEAM International In-Use certification, confirming a high level of sustainability and energy efficiency.