Property investors bought commercial properties worth more than €1.22bn on the Czech market in the first six months of 2015, double the amount recorded in the same period last year, according to data released by DTZ. The investment volume is expected to grow to as much as €3bn for 2015, DTZ writes. Investors are focusing on retail properties. The largest deals so far this year have included the sale of Arkády Pankrác to Atrium European RE (€162m) and CPI Group’s acquisition of Futurum Kolín. Lone Star Funds, a newcomer to the Czech market, purchased the Aviva CE portfolio, while Prologis acquired Westgate Park Rudna.
