The Real Estate Academy held the Renaissance of Rental Housing conference on October 13th, the aim of which was to present this investment segment of the Czech real estate market in a complex and in-depth fashion. It provided a space where experts from development, landlords, investors, building managers, lawyers, and insurance company and bank representatives could meet and discuss important topics.
Andrea Střechová, whose experience advising investors and developers working in the residential rental sector stretches to more than 15 years, spoke at the conference on behalf of Svoboda & Williams. During her presentation, she touched on issues such as how to optimize rental yields and how to build a relationship with tenants. "The rental housing trend had already been growing before the pandemic, but it’s only accelerated during the last two years. The willingness and necessity to pay rent instead of taking out a mortgage increased significantly. Tenants are also demanding high quality housing and so today it’s absolutely essential to create properties that reflect this desire for efficiency and perfection.”
