The development land market is reviving. However, one of the reasons is the problems of companies
The market for development land and older, mainly industrial buildings and premises in the Czech Republic is reviving after a long period of stagnation. This would probably be positive news if the acceleration was not caused by the economic downturn in some sectors or even the closure of many companies in the Czech Republic. For many of them, selling surplus real estate or land intended for future expansion is one of the few ways to avoid economic loss. According to real estate consultancy 108 REAL ESTATE, which specializes in this type of transactions, the increase in ownership transfers is also due to price leveling and fear of land unavailability due to the expected stricter protection of the agricultural land fund.