PRAGUE (CIA) - Real estate transactions worth about EUR 256 mln (roughly CZK 6.34 bln) were closed in the Czech Republic in the first half of this year. This represents a growth by 250% y/y. Czech and Slovak investors prevailed on the real estate market in 2010 H1. They spent about 80% of the total volume of investments for real estates.

The activity of developers on the market of office real estates is growing. Constructions of several projects were commenced in the first half of this year and other three will be realised by the end of this year. The demand for warehouse area on the market of industrial real estates increased 224% y/y in the second quarter of this year, according to advisory company King Sturge.