The real estate investment volume for 2017 is expected to hit €600m in 2017, down from €850m in 2016, according to JLL. A mere €154m in real estate deals were transacted in the first six months of the year, with an additional €350m in progress. Out of the seven individual deals that closed in H1, three were industrial and four were office investment transactions. Six of the transactions were acquired by foreign equity. The retail sector is experiencing strong investor interest for both prime shopping centers as well as smaller regional schemes across the country, though none changed hands in H1. Top deals for the six-month period included the sale of Auto Logistics Park in Lozorno by CPI to WhiteStar Capital, the sale of CBRE GI’s ParkOne office building to REICO and the sale of an industrial park in Nove Mesto nad Vahom by Prologis to an ARETE Invest fund. Prime yields remained unchanged with office trading at 6.5 percent, retail warehouses at 7.5 percent, shopping centers at 6 percent, high street at 7 percent, industrial and logistics with a standard WAULT of three to five years at 7.75 percent and prime hotels in the capital at 7.25 percent.
