Competitiveness / Business and Industry
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Investment into a more sustainable production now means increased competitive advantage in the future
On May 20, during an AmCham event on sustainable manufacturing Barbora Račan Ježková, Director of Investment Financing Department at CzechInvest, Czech Government investment agency, outlined how recovery and EU funds can be used to upgrade production lines or facilities.
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Hotels, after tough year, are back in investors’ sights
Capital-raising and hotel sales highlight investor optimism for the sector’s recovery
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AmCham Annual Commercial Real Estate Overview: Domestic demand is necessary for the economy to pick up and behavior of consumers is crucial for all sectors. Will the investment and spending rebound?
On March 24, AmCham Real Estate Council met for an annual commercial real estate market update, moderated by Jan Adámek of JAN Hospitality, covering the office, retail and industrial sectors. Experts from JLL (Blanka Vačkova, Mike Atwell, Tomáš Soukup), 108 Agency (Petr Florián) and BNP Paribas (Dušan Drábek, Kamila Breen) outlined most recent data and trends. The traditionally strong demand for office space has weakened, the pandemic-hit demand for retail space and hotels has not recovered, and the demand for „beds and sheds“ (residential and industrial real estate) has been on the rise. Prime yields from real estate assets have decreased across Europe, but the market could recover from 2022.
Prague will need a longer time to recover and government support, including vaccination, is crucial. Domestic demand is necessary for the economy to pick up and behavior of consumers is crucial for all sectors. Will the investment and spending rebound?
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