Investor demand for properties in the Czech Republic has surpassed the Polish market for the first time since 2004, according to DTZ. Half of the investors polled said they focus on value-add properties, with Polish office and Czech retail projects considered the most attractive. Despite yield compression, the majority of investors in Central Europe plan to expand their portfolios over the next 12 months. In the first half of 2015, investors spent €2.4bn, with the number expected to rise to €7bn in the CE region and to €2.5bn in the Czech Republic for the whole year. The lack of top-quality product is forcing investors to look at properties valued below €50m, according to DTZ. Only 9 percent of the respondents said they look for projects valued between €100m and €200m, with 6 percent interested in acquisitions worth €200m.
