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The Czech Republic's real estate market is one of the most dynamic in Central Europe. Prices have been rising steadily in recent years, driven by strong demand and a limited supply of new homes. However, the market is now facing a number of headwinds, including rising interest rates, inflation, and an economic slowdown.
The Czech Republic government is a major purchaser of real estate, with an annual procurement budget of approximately €2 billion. The government procures a wide range of real estate products and services, including office buildings, residential properties, warehouses, and land.
The main real estate products and services procured by the Czech Republic government are:
Office buildings
Residential properties
Warehouses
Land
The top authorities for Czech Republic real estate procurement are:
Ministry of Finance
Ministry of Defense
Ministry of Interior
Ministry of Education, Youth, and Sports
The top winners of Czech Republic real estate procurement are:
Penta Investment Group
J&T Real Estate
Seznam.cz
CTP Invest
Lordship
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