Is the RICS survey too harsh on Czech rental growth prospects?

This morning’s RICS global survey painted a fairly positive picture of Emerging European commercial property occupier markets, particularly in Poland, Russia and Turkey. But surveyors seem to be relatively downbeat on the Czech Republic. We agree that Czech rental prospects are not as bright as in Poland, Russia or Turkey. But we think that rents are more likely to rise than fall in the near term.

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