{"id":960,"date":"2020-02-11T23:59:21","date_gmt":"2020-02-11T20:59:21","guid":{"rendered":"http:\/\/nalog.fr\/csco-ceka-evropsky-trh-komercnich-nemovitosti-v-roce-2016-aktualni-trendy\/"},"modified":"2020-02-11T23:59:21","modified_gmt":"2020-02-11T20:59:21","slug":"csco-ceka-evropsky-trh-komercnich-nemovitosti-v-roce-2016-aktualni-trendy","status":"publish","type":"post","link":"https:\/\/nalog.fr\/cs\/csco-ceka-evropsky-trh-komercnich-nemovitosti-v-roce-2016-aktualni-trendy\/","title":{"rendered":"Co \u010dek\u00e1 evropsk\u00fd trh komer\u010dn\u00edch nemovitost\u00ed v roce 2016: aktu\u00e1ln\u00ed trendy"},"content":{"rendered":"

Podle analytik\u016f spole\u010dnosti Colliers, v roce 2016 investice do komer\u010dn\u00edch nemovitost\u00ed v Evrop\u011b budou i nad\u00e1le r\u016fst. K t\u00e9to p\u0159edpov\u011bdi se p\u0159ipoutat a odborn\u00edci Savills, kter\u00e9 p\u0159edpov\u00eddaj\u00ed r\u016fst v tomto segmentu na 3-5 % ve vztahu k roku 2015. Studie je je\u0161t\u011b jednoho hr\u00e1\u010de na trhu nemovitost\u00ed JLL, se vztahuje, na rozd\u00edl od Evropy, St\u0159edn\u00edho V\u00fdchodu a Afriky a ukazuje, \u017ee celkov\u00fd objem investic v evropsk\u00e9 \u0434\u043e\u0445\u043e\u0434\u043d\u0443\u044e nemovitost\u00ed z\u016fstane na \u00farovni p\u0159edchoz\u00edho roku.<\/p>\n

<\/i><\/p>\n

Nejv\u00edce aktivn\u00ed kupci komer\u010dn\u00edch nemovitost\u00ed v Evrop\u011b v roce 2016 budou investo\u0159i z USA a Asijsk\u00fdch zem\u00ed. Podle poradensk\u00e9 firmy PwC, v\u011bt\u0161ina z nich (61 %) o\u010dek\u00e1vaj\u00ed, \u017ee se na dlouhodob\u00e9 investice \u2014 od 5 do 10 let, tak\u017ee ti, kte\u0159\u00ed se chystaj\u00ed koupit nemovitost v roce 2016, s velkou m\u00edrou pravd\u011bpodobnosti bude prod\u00e1vat jej\u00ed ne d\u0159\u00edve 2021.<\/p>\n

Perspektivn\u00ed sektory<\/h2>\n

Podle Colliers p\u0159edpokl\u00e1d\u00e1, tak jako v minul\u00fdch letech, nejv\u00edce investic v roce 2016 bude p\u0159itahovat kancel\u00e1\u0159sk\u00fdch nemovitost\u00ed. Nicm\u00e9n\u011b, ostatn\u00ed sektory taky z\u016fstanou v popt\u00e1vce.<\/p>\n

Kancel\u00e1\u0159e. <\/strong> V sou\u010dasn\u00e9 dob\u011b pr\u016fm\u011brn\u00fd pod\u00edl pr\u00e1zdn\u00fdch kancel\u00e1\u0159sk\u00fdch prostor v Evrop\u011b \u2014 8,4 %, dv\u011b t\u0159etiny z nich, na hodnocen\u00ed Savills, pat\u0159\u00ed do star\u00e9ho fondu. Na z\u00e1klad\u011b tohoto, m\u016f\u017eete o\u010dek\u00e1vat, \u017ee velk\u00fd z\u00e1jem u investor\u016f budou m\u00edt projekty Value Added, podstata \u2014 n\u00e1kup objekt\u016f ve \u0161patn\u00e9m stavu pro rekonstrukce a n\u00e1sledn\u00e9ho prodeje.<\/p>\n

Nab nemovitost\u00ed. <\/strong> Objem on-line prodeje v roce 2015 vzrostl o 22 %, a do roku 2016 vzroste p\u0159ibli\u017en\u011b na stejn\u00e9, respektive, popt\u00e1vka po skladech se bude i nad\u00e1le zvy\u0161ovat. Podle pr\u016fzkumu Colliers, v roce 2016 nab nemovitost\u00ed bude nejv\u00edce popul\u00e1rn\u00ed po kancel\u00e1\u0159e segment trhu u investor\u016f z velk\u00e9 Brit\u00e1nie, ale tak\u00e9 z Afriky a Bl\u00edzk\u00e9ho V\u00fdchodu.<\/p>\n

Obchodn\u00ed za\u0159\u00edzen\u00ed. <\/strong> Nejv\u00fdhodn\u011bj\u0161\u00ed budou n\u00e1kupn\u00ed centra v popul\u00e1rn\u00edch oblastech, ve m\u011bstech s rostouc\u00edm po\u010dtem obyvatel a turistick\u00fdm proudem (Lond\u00fdn, Pa\u0159\u00ed\u017e, Mnichov, Madrid, Berl\u00edn). Podle pr\u016fzkumu Colliers, 41 % investory z kontinent\u00e1ln\u00ed Evropy 2016 se rozhodne investice do n\u00e1kupn\u00edch center.<\/p>\n

Bydlen\u00ed<\/strong>. Obytn\u00e1 z\u00e1stavba (domov d\u016fchodc\u016f, studentsk\u00e9 apartm\u00e1ny, studia), bude st\u00e1le \u010dast\u011bji pou\u017e\u00edv\u00e1n jako n\u00e1stroj diverzifikace portfolia komer\u010dn\u00edch objekt\u016f a bude popul\u00e1rn\u00ed zejm\u00e9na ve velk\u00e9 Brit\u00e1nii, N\u011bmecku a Francii. P\u0159i tom, podle studie PwC, pro 60 % respondent\u016f byty a studentsk\u00e9 apartm\u00e1ny jsou alternativn\u00edm n\u00e1strojem k investov\u00e1n\u00ed, a hlavn\u00edm c\u00edlem investic.<\/p>\n

Pozemky. <\/strong> Podle pr\u016fzkumu PwC, 48 % investor\u016f souhlasit s tvrzen\u00edm, \u017ee objekty v pr\u00e9miov\u00e9 m\u00edstech p\u0159ece\u0148uje, a 52 % dot\u00e1zan\u00fdch si mysl\u00ed, \u017ee n\u00e1kup pozemk\u016f pod konstrukce \u2014 to je cenov\u011b dostupn\u00fd zp\u016fsob, jak z\u00edskat nemovitosti na dra\u017e\u0161\u00edch trz\u00edch. Krom\u011b toho, takov\u00e1 politika investora \u2014 to je cesta ke zv\u00fd\u0161en\u00ed v\u00fdnosu, kter\u00e1 m\u00e1 tendenci k oslaben\u00ed v bohat\u00fdch oblastech velk\u00fdch evropsk\u00fdch m\u011bst.<\/p>\n

Podle pr\u016fzkumu PwC, v roce 2016 investo\u0159i pova\u017euj\u00ed za nejslibn\u011bj\u0161\u00ed investice do za\u0159\u00edzen\u00ed ulice-\u0440\u0438\u0442\u0435\u0439\u043b\u0430 a d\u016fm s pe\u010dovatelskou slu\u017ebou. Podle n\u00e1zoru t\u0159etiny dot\u00e1zan\u00fdch, v bl\u00edzk\u00e9 budoucnosti, jsou tyto typy nemovitost\u00ed budou p\u0159in\u00e1\u0161et nejvy\u0161\u0161\u00ed v\u00fdnos.<\/p>\n

<\/i><\/p>\n

V jak\u00e9 trhy investovat<\/h2>\n

Podle webov\u00e9 str\u00e1nky Trading Economics, v roce 2016 nejv\u00edce se zv\u00fd\u0161\u00ed ceny nemovitost\u00ed v Turecku (+12,7 %). Zv\u00fd\u0161en\u00ed ceny o v\u00edce ne\u017e 4 %, se o\u010dek\u00e1v\u00e1 i ve velk\u00e9 Brit\u00e1nii, It\u00e1lii a N\u011bmecku.<\/p>\n

V del\u0161\u00edm \u010dasov\u00e9m horizontu, od roku 2016 do roku 2020 letech, nejv\u00edce budou dra\u017e\u0161\u00ed objekty v Turecku (59 %), It\u00e1lie a N\u011bmecka (v\u00edce ne\u017e 20 %). N\u00e1r\u016fst v\u00edce ne\u017e 15 % p\u0159edpokl\u00e1dan\u00e9 v \u0158ecku, Francii, velk\u00e9 Brit\u00e1nii a Rakousku.<\/p>\n

Mezi padaj\u00edc\u00edmi trhy budou Chorvatsko, Bulharsko a \u010dern\u00e1 hora. Negativn\u00ed v\u00fdhled Trading Economics t\u00fdkaj\u00edc\u00ed se t\u011bchto zem\u00ed zp\u016fsobeno sp\u00ed\u0161e slabou ekonomikou tohoto regionu relativn\u011b Z\u00e1padn\u00ed Evropy, a tak\u00e9 t\u00edm, \u017ee b\u011bhem krize, investo\u0159i se zam\u011b\u0159uj\u00ed na stabiln\u011bj\u0161\u00edch trz\u00edch, v\u010detn\u011b \u2014 velk\u00e1 Brit\u00e1nie a N\u011bmecko.<\/p>\n<\/p>\n

P\u0159edpov\u011b\u010f dynamiky cen nemovitost\u00ed, %
\nZdroj: anal\u00fdza Tranio na z\u00e1klad\u011b dat Trading Economics<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Zem\u011b<\/th>\nZ I na IV \u010dtvrtlet\u00ed
\n2016<\/th>\n		S I \u010dtvrtlet\u00ed roku 2016.
\ndo roku 2020<\/th>\n<\/tr>\n
Turecko<\/th>\n12,7<\/td>\n59,3<\/td>\n<\/tr>\n
It\u00e1lie<\/th>\n5,3<\/td>\n23,2<\/td>\n<\/tr>\n
N\u011bmecko<\/th>\n4,8<\/td>\n22,4<\/td>\n<\/tr>\n
\u0158ecko<\/th>\n-5,5<\/td>\n16,7<\/td>\n<\/tr>\n
Francie<\/th>\n2,9<\/td>\n16,7<\/td>\n<\/tr>\n
Velk\u00e1 brit\u00e1nie<\/th>\n6,5<\/td>\n15,9<\/td>\n<\/tr>\n
Rakousko<\/th>\n3,6<\/td>\n15,3<\/td>\n<\/tr>\n
Kypr<\/th>\n3,3<\/td>\n4,8<\/td>\n<\/tr>\n
\u0160pan\u011blsko<\/th>\n0,8<\/td>\n2,7<\/td>\n<\/tr>\n
\u0160v\u00fdcarsko<\/th>\n0,9<\/td>\n2,6<\/td>\n<\/tr>\n
Portugalsko<\/th>\n1,2<\/td>\n1,5<\/td>\n<\/tr>\n
Finsko<\/th>\n-0,9<\/td>\n\u2014<\/td>\n<\/tr>\n
Slovinsko<\/th>\n-0,7<\/td>\n-0,2<\/td>\n<\/tr>\n
Ma\u010farsko<\/th>\n-0,8<\/td>\n-0,5<\/td>\n<\/tr>\n
Loty\u0161sko<\/th>\n-0,8<\/td>\n-0,8<\/td>\n<\/tr>\n
\u010cesk\u00e1 republika<\/th>\n-1,9<\/td>\n-0,9<\/td>\n<\/tr>\n
Chorvatsko<\/th>\n-0,7<\/td>\n-1,2<\/td>\n<\/tr>\n
Bulharsko<\/th>\n-1,1<\/td>\n-1,7<\/td>\n<\/tr>\n
\u010cern\u00e1 hora<\/th>\n-3,5<\/td>\n-2,2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Co se t\u00fd\u010de trh\u016f jednotliv\u00fdch m\u011bst, pak, podle pr\u016fzkumu PwC, nejv\u011bt\u0161\u00ed potenci\u00e1l r\u016fstu cen a n\u00e1jemn\u00e9ho v roce 2016 bude u m\u011bstsk\u00fdch oblast\u00ed Severn\u00ed Evropy a tak\u00e9 trhy, ned\u00e1vn\u00fdch dno cyklu (Madrid, Lisabon, Mil\u00e1n). V tomto p\u0159\u00edpad\u011b se podle analytik\u016f Colliers, nejv\u00edce investic p\u0159ipadne ji\u017e tradi\u010dn\u011b obl\u00edben\u00e9 trhy \u2014 Lond\u00fdn, Pa\u0159\u00ed\u017e a „velk\u00e1 panax“ v N\u011bmecku.<\/p>\n

P\u0159ehled investor\u016f, proveden\u00fd PwC uk\u00e1zal, \u017ee v leto\u0161n\u00edm roce, v\u011bt\u0161ina respondent\u016f se domn\u00edv\u00e1 nejslibn\u011bj\u0161\u00ed investice do nemovitost\u00ed v Berl\u00edn\u011b. V roce 2015 spolu s Pa\u0159\u00ed\u017e\u00ed, hlavn\u00ed m\u011bsto N\u011bmecka obsadila druh\u00e9 m\u00edsto v Evrop\u011b se objem uveden\u00fdch investic (10 miliard eur). Analytici se domn\u00edvaj\u00ed, \u017ee v roce 2016 v Berl\u00edn\u011b se bude zvy\u0161ovat a objem investic, a sazby n\u00e1jemn\u00e9ho, a ceny. Mezi d\u016fvody zved\u00e1n\u00ed \u2014 relativn\u011b n\u00edzk\u00e1 hustota m\u00edstn\u00ed rozvoj a velk\u00fd potenci\u00e1l pro realizaci stavebn\u00edch projekt\u016f, all-time vysok\u00e1 popt\u00e1vka po pron\u00e1jmu kancel\u00e1\u0159\u00ed, v\u00fdvoj technologick\u00e9ho sektoru (firmami \u2014 potenci\u00e1ln\u00ed n\u00e1jemn\u00edci) a velk\u00fd p\u0159\u00edliv imigrant\u016f.<\/p>\n<\/p>\n

Top 10 nej\u017e\u00e1dan\u011bj\u0161\u00edch m\u011bst pro investice do nemovitost\u00ed v roce 2016
\nZdroj: PwC<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n
1<\/td>\nBerl\u00edn<\/td>\n<\/tr>\n
2<\/td>\nHamburg<\/td>\n<\/tr>\n
3<\/td>\nDublin<\/td>\n<\/tr>\n
4<\/td>\nMadrid<\/td>\n<\/tr>\n
5<\/td>\nKoda\u0148<\/td>\n<\/tr>\n
6<\/td>\nBirmingham<\/td>\n<\/tr>\n
7<\/td>\nLisabon<\/td>\n<\/tr>\n
8<\/td>\nMilan<\/td>\n<\/tr>\n
9<\/td>\nAmsterdam<\/td>\n<\/tr>\n
10<\/td>\nMnichov<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Krom\u011b Berl\u00edna, v \u017eeb\u0159\u00ed\u010dku 10 nejslibn\u011bj\u0161\u00edch m\u00edst pro investice v roce 2016 zahrnuje dal\u0161\u00ed dv\u011b m\u011bsta v N\u011bmecku \u2014 Hamburg a Mnichov.<\/p>\n

\u2022<\/p>\n

V roce 2016 Tranio doporu\u010duje:<\/p>\n

    \n
  • vybrat \u043d\u0438\u0437\u043a\u043e\u0440\u0438\u0441\u043a\u043e\u0432\u0430\u043d\u043d\u044b\u0435 investice, a to: koupit za\u0159\u00edzen\u00ed na stabiln\u00ed a osv\u011bd\u010den\u00e9 \u010dasem trz\u00edch, ke kter\u00fdm pat\u0159\u00ed Rakousko, velk\u00e1 Brit\u00e1nie a N\u011bmecko;<\/li>\n
  • ne honit vysok\u00e9 v\u00fdnosy, ale zam\u011b\u0159ovat jen na mo\u017enostech zachov\u00e1n\u00ed kapit\u00e1lu;<\/li>\n
  • doporu\u010dujeme projekty Value Added (\u0440\u0435\u0434\u0435\u0432\u0435\u043b\u043e\u043f\u043c\u0435\u043d\u0442) pouze profesion\u00e1ln\u00edm investor\u016fm;<\/li>\n
  • p\u0159i n\u00e1kupu komer\u010dn\u00edch nemovitost\u00ed vybrat objekty s dlouhodob\u00fdmi smlouvami o pron\u00e1jmu, p\u0159i kter\u00fdch je maxim\u00e1ln\u011b provozn\u00ed n\u00e1klady budou le\u017eet na \u0430\u0440\u0435\u043d\u0434\u0430\u0442\u043e\u0440\u0435;<\/li>\n
  • spol\u00e9hat se na dlouhodob\u00e9 investice (10 let a v\u00edce).<\/li>\n<\/ul>\n

    Julia \u041a\u043e\u0436\u0435\u0432\u043d\u0438\u043a\u043e\u0432\u0430, Tranio<\/p>\n","protected":false},"excerpt":{"rendered":"

    Podle analytik\u016f spole\u010dnosti Colliers, v roce 2016 investice do komer\u010dn\u00edch nemovitost\u00ed v Evrop\u011b budou i nad\u00e1le r\u016fst. K t\u00e9to p\u0159edpov\u011bdi<\/p>\n","protected":false},"author":1,"featured_media":468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[133],"tags":[],"class_list":["post-960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-danove-informace-ve-francii"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"cs","enabled_languages":["ru","uk","en","de","fr","it","es","pl","pt","bg","cs","da","et","fi","hr","hu","lt","lv","mk","no","ro","sk","sl","sq","sr","tr","nl","am","ca","sv"],"languages":{"ru":{"title":false,"content":false,"excerpt":false},"uk":{"title":false,"content":false,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"it":{"title":false,"content":false,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"pl":{"title":false,"content":false,"excerpt":false},"pt":{"title":false,"content":false,"excerpt":false},"bg":{"title":false,"content":false,"excerpt":false},"cs":{"title":true,"content":true,"excerpt":false},"da":{"title":false,"content":false,"excerpt":false},"et":{"title":false,"content":false,"excerpt":false},"fi":{"title":false,"content":false,"excerpt":false},"hr":{"title":false,"content":false,"excerpt":false},"hu":{"title":false,"content":false,"excerpt":false},"lt":{"title":false,"content":false,"excerpt":false},"lv":{"title":false,"content":false,"excerpt":false},"mk":{"title":false,"content":false,"excerpt":false},"no":{"title":false,"content":false,"excerpt":false},"ro":{"title":false,"content":false,"excerpt":false},"sk":{"title":false,"content":false,"excerpt":false},"sl":{"title":false,"content":false,"excerpt":false},"sq":{"title":false,"content":false,"excerpt":false},"sr":{"title":false,"content":false,"excerpt":false},"tr":{"title":false,"content":false,"excerpt":false},"nl":{"title":false,"content":false,"excerpt":false},"am":{"title":false,"content":false,"excerpt":false},"ca":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/posts\/960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/comments?post=960"}],"version-history":[{"count":0,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/posts\/960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/media\/468"}],"wp:attachment":[{"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/media?parent=960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/categories?post=960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nalog.fr\/cs\/wp-json\/wp\/v2\/tags?post=960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}