The Czech investment market posted exceptionally strong results for Q2 2026. According to the latest analysis by Colliers, total recorded investment volume reached approximately €1.02 billion across more than 30 identified transactions: more than double the figure from Q1. Residential assets became the largest sector by volume, accounting for approximately 38% of total investment.
Apartments and Offices Drove a Successful Quarter
In addition to the residential sector, office properties also posted a strong quarter, accounting for 35% of total volume. Mixed-use properties, industrial properties, alternative assets, hotels and retail properties rounded out a well-diversified quarter. Czech capital remained dominant overall, but the quarter was also influenced by the presence of Western European and global institutional investors. This is a positive sign of the market’s growing attractiveness.
According to Colliers, the rise of residential assets to the top spot reflects the growing institutionalisation of the Czech rental housing market. The most significant transaction of the quarter was the acquisition of Sídliště Písnice, a large residential complex with approximately 760 apartments in Prague-Písnice, which WOOD & Co. purchased from CIB Group. This is one of the largest Czech residential investment transactions in history. At the same time, Kooperativa and MINT acquired rental housing buildings from the Sekyra Group and other investors through forward purchase transactions. This is part of the next phase of the Rohan City project in Prague.
“Institutional capital is no longer the exception in the rental housing market; it is becoming a major player. Transactions such as the Sídliště Písnice deal demonstrate that investors are beginning to have as much confidence in the long-term fundamentals of the Czech rental apartment market as they do in the office market,” says Josef Stanko, director of market research at Colliers.
In the office segment, the completion of the sale of Port7, a Class AAA office campus in Prague 7, stood out; Skanska sold the property to the Israeli company AFI Europe. The sale of the former Czechoslovak Commercial Bank building on Na Příkopě Street, a prestigious Prague shopping boulevard, also drew market observers’ attention; the CPI PG Group sold it to the Italian insurance company Generali. The building combines office space with a large retail section, recently leased to Peek & Cloppenburg.
Yields Remain Unchanged
Prime yields across all major asset classes remained stable and unchanged in the second quarter. Prime office properties remain at 5.25%, industrial and logistics properties at 5%, shopping centres at 6%, and prime retail properties at 4.50%.
“Stable yields do not signal market stagnation, but rather a healthy alignment of price expectations with the risk-return profiles demanded by active investors. There continues to be strong buyer interest in modern, sustainable office properties, prime logistics properties and well-located, mixed-use assets at, or near, prime values. Meanwhile, secondary and value-add properties are trading with wider spreads, and investors are carefully evaluating their tenant profiles, capex and exit strategies,” explains Josef Stanko.
Positive Trend for the Entire Year
Colliers expects this positive trend to continue for the remainder of 2026. Office buildings, particularly modern, well-leased properties in established Prague locations, should continue to drive overall market volume, with several more significant transactions expected before the end of the year. For residential and mixed-use projects, forward purchase transactions and sales of residential portfolios are expected to continue in the second half of the year. The growing diversity of investable asset classes, including alternative segments such as senior housing, educational real estate and sale-and-leaseback arrangements, is also contributing to market volume and liquidity by broadening the pool of buyers and sellers.
“With approximately €1.46 billion in transaction volume already recorded in the first half of the year, reaching €3.0–3.5 billion for the full year 2026 would require a solid, though not exceptional, second half. According to the base scenario, prime yields are expected to remain stable across all major asset classes for the remainder of the year,” concludes Josef Stanko.
