Prices of offices, warehouses, and shops in European cities have exceeded their top levels from the pre-crisis period. The highest growths are reported primarily from France, Germany, Switzerland, and Spain. Properties are on average 10-15% more expensive in the Czech Republic, informed daily MF Dnes.
source: www.idnes.cz, MAFRA
The situation is caused by an inflow of capital from small European investors, who want to appreciate their money in real estate funds. Their money would be usually invested in state bonds; however, bonds’ yields currently barely follow the inflation.