Q4 2025: Czech Investment Market Closes a Record Year

The Czech commercial real estate investment market closed 2025 with a record-breaking result. Total investment volume reached a historic high of €4.2 billion, with €1.8 billion transacted in Q4 2025 alone across 34 deals. The latest iO Partners Market REcap highlights key investment trends, capital structure, yield movements, and the most significant transactions across all real estate sectors.


Download the full report (PDF)


Investment activity in the Czech commercial real estate market reached its highest level on record in 2025. Strong domestic demand, a stable macroeconomic environment, and the return of larger transactions were the main drivers behind the exceptional performance, significantly increasing the average deal size over the year.


Domestic capital remained the primary force in the market, accounting for 87% of total investment volume. International investors stayed selective, focusing mainly on prime assets in Prague. In terms of sectors, office and mixed-use properties dominated investment activity, followed by industrial and logistics assets. While yields remained broadly stable across most segments, the industrial sector recorded slight yield compression. Rental levels stayed stable in Q4 2025, with further office rental growth expected in the upcoming period.


Head of Capital Markets

Petr StýčekPetr Strýček

Head of Research

Blanka VačkovaBlanka Vačkova