Czech Republic Real Estate Market Outlook 2023

Although 2022 started positively, with a growing economy and solid foundations for growth, geopolitical events soon took over. The war in Ukraine pushed up energy prices and sparked rapid growth in inflation.

We entered 2023 with a forecast of a moderate recession, with the belief that inflation and interest rates have already peaked. Nevertheless, high inflation and interest rates are putting downward pressure on growth.

Occupier markets have remained fairly stable and are in a good position for the year ahead.

Environmental sustainability has become important over the last couple of years,
and it will be even more important in the coming years.

Read the full report to find out more.