Infrastructure, Real Estate and Utilities Update in the Czech Republic

THE CZECH PROPERTY MARKET

The property market is still in the process of development, but a viable occupational market has been established (especially in the Prague area) since 1989 in response to high levels of tenant demand. As foreign interest in the Czech Republic continues to increase, a corresponding increase in construction and investment opportunities is expected to raise the supply of available properties.

CzechInvest continues to develop its property database to more effectively serve investors' needs.

The following information reflect CzechInvest's experience based on co-operation with its regional representatives and real estate agents.

OFFICE AND COMMERCIAL SPACE