czech republic Archives

CTP Transforms Zátiší Barracks in Plzeň into Thriving Business Destination

CTP continues the transformation of a nearly 65,000 sqm brownfield site in Plzeň into a modern business centre. At completion, CTPark Plzeň Kasárny will provide flexible, energy efficient spaces...

Office Leasing

Office fit-out costs in Prague remain competitive

Office fit-out costs in Prague remain competitive despite rising construction costs and higher demand for modern work environments. The latest report from Cushman & Wakefield EMEA Fit Out Cost...

Investment Market

Real estate investment volumes in the Czech Republic to surpass €1 billion in Q1

According to Savills, more than €1 billion worth of commercial properties were already transacted in Q1 2025 in the Czech Republic, representing a 180 percent increase compared to the...

Office Leasing

Steady Office Space Expansion and Competitive Availability Across Czech Regions

Similarly to Prague, Brno recorded only a slight year-on-year increase in the supply of modern office space in 2024, with the total market size growing by only 8,600 sqm....

Office Leasing

Office development in Prague declining

According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures, which show that only 72,800 sqm...

Investment Market

Czech Investment Volumes Hit €1.85 billion in 2024, Second-Best in 5 Years

The Czech real estate market delivered an impressive performance in 2024, with total investment volumes reaching €1.85 billion across 58 transactions. This marks the second-best year in the past...

Retail News

Record Year for Retail Park development in the Czech Republic

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totalling 1.3 million sqm of retail space – almost a...

Warehousing, Logistics and Industrial

CTP starts investment project for Hitachi Energy in Brno

CTP has launched an ambitious project for its long-time partner, Hitachi Energy, at CTPark Brno in the Czech Republic. CTP is investing €57 million in the construction of the...

Warehousing, Logistics and Industrial

Czech industrial real estate market to grow by nearly 900,000 sqm in 2025

The fourth quarter of 2024 did not bring any significant change to the industrial and logistics real estate market. While demand has returned to almost pre-Q1 volumes, the amount...

Warehousing, Logistics and Industrial

1.5 million sqm of Industrial Space Underway in Czech Republic

According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market...

Office Leasing

CTP expands its Clubco co-working space in the Czech Republic

The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. One solution to this situation is flexible coworking...

Investment Market

Myslbek complex on Prague’s Na Příkopě acquired by Max Realitní fund

The Myslbek office and retail complex on Prague’s centrally located Na Příkopě Street has been purchased by Max Realitní Fund. The property was acquired from Anatol Invest Holding B.V.,...

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