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JLL: Investments to retail properties in CR grow in 2011

11.01.2012 - 18:52 | English news

PRAGUE (ČIA) - According to Jones Lang LaSalle (JLL), total investments to retail property in the Czech Republic reached nearly EUR 1.2 bln (CZK 27.3 bln) in 2011 compared with EUR 172 mln in 2010. According to George Lewis, the manager of the Czech investment section of JLL, it is the highest figure in the history of the Czech Republic. According to his words, the retail segment represented more than one half of total investments and the demand by investors for well operating retail centres was strong during the year. The retail segment represented 22% of all transactions in 2010.

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