Asian property investors hunting for Czech real estate

East Asian investors spent €50m on real estate in the Czech Republic last year, according to a new report by Colliers International. It's a significant volume of money, though still a drop in the €1.245bn ocean of transactions that took place across CEE in 2018. Other countries in the region saw greater volumes, especially Poland which absorbed over €1bn and Hungary's €135bn. “Purchases from East Asia made up a chunky 9% (or €1.25bn) of CEE-6 investment volume in 2018. We believe relatively attractive yields and Euro strength versus Asian currencies will sustain this momentum over coming quarters,“ said Mark Robinson, CEE Research Specialist at Colliers International Czech Republic. The industrial sector was the most common target for these Asian investors last year, making up €826m of the total. €300m went into retail investments, according to Colliers, while the office sector attracted another €110m