According to Savills’ report, Prague Office Hubs 2025, over the past few decades, the structure of Prague’s office market has evolved into twelve major office hubs. Today, these areas form the City’s largest concentrations of high-quality office space. Each district has its unique character, attracting different types of companies, developing at its own pace, and offering distinct conditions. Among them, three business districts stand out for their total Grade A stock volumes: Pankrác & Budějovická, Karlín & Invalidovna, and the City Centre.
“As new companies move into the district, the surrounding area transforms – from restaurant offerings to housing prices. In city areas like Karlín or Holešovice, where tech firms are concentrated, new cafés serving flat whites, bistros with ramen or vegan menus are opening. In Vysočany or Butovice, where manufacturing and logistics companies prevail, it’s more about canteens, traditional lunch menus, and ample parking. Each type of business brings its rhythm to the district –gradually reshaping its atmosphere, appearance and the way people live there,” says Pavel Novák, Head of Office Agency at Savills.
IT strongly dominates in Prague
In terms of new office commitments, companies from the Technology & IT sector led the market, accounting for 23 percent of the total cumulative net take-up between 2022 and 2024. Their presence has been particularly strong in districts like Karlín & Invalidovna, Pankrác & Budějovická, and Holešovice. The Finance sector ranked second in activity, with a strong preference for locations in the City Centre and Vinohrady. Manufacturing companies have gravitated towards areas like Butovice & Stodůlky or Vysočany, drawn by available space and suitable infrastructure. In Radlice & Jinonice, the majority of new office leases over the past three years have been signed by companies from the Energy and Extractive industries, while Dejvice attracted mainly Pharmaceutical and Medical companies.
The office market reflects Prague’s economic and transport landscape
“Companies today are not simply seeking office space – they are looking for environments that align with the needs of their employees. For some, the image of the district is crucial; for others, it’s all about convenient parking or proximity to local amenities. Choosing an office has become a strategic decision that affects not just day-to-day operations, but also a company’s ability to retain and attract and retain top talent,” explains Pavel Novák, Head of Office Agency at Savills. He adds that these locations now attract a wide range of tenants – from international corporations and established local businesses to innovative startups from fast-growing sectors.
Top 3 office locations with the highest volume of new leases signed in grade A buildings between 2022 and 2024:
Karlín & Invalidovna – 19 percent
Pankrác & Budějovická – 15 percent
City Centre – 14 percent
These three areas recorded not only the highest net office leasing activity but also the greatest number of new lease transactions. Their attractiveness lies primarily in the combination of excellent accessibility, quality infrastructure, and modern office buildings.
The future of growth: New opportunities for technology companies
While Karlín, Pankrác, and Holešovice remain established technology hubs, the next wave of growth in the sector may expand into areas such as Roztyly, Chodov & Opatov, Libeň & Palmovka, and Anděl & Smíchovské nádraží. Thanks to new development projects and infrastructure, these areas are well-positioned to evolve into new dynamic business districts.
