Sectoral Office Hubs emerging in Prague
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...
Tag: czech republic
NOVIKO Animal Health is coming to Park Zdice
NOVIKO Animal Health, a member of the Covetrus Group, which supplies dog, cat and other pet food under the Calibra brand, is to become a new tenant in Park...
Czech investment volume on the rise in Q1 2025
The first quarter of 2025 was marked by extraordinary activity on the Czech commercial real estate market. According to Colliers, total investment volume reached €1.48 billion, already surpassing the...
BMW Logistics Hub Breaks Ground at Ostrava Airport Park
Czech developer Gridarch (formerly Concens Investments), the BMW Group, the Statutory City of Ostrava and the Moravian-Silesian Region jointly planted the first three lime trees in front of the...
Prague and Brno Face Shortfall in Industrial Space Supply
Savills has analysed the development of demand and availability of modern industrial space across the Czech Republic. The intensive construction of warehouse and production facilities for lease continued into...
Commercial Property Trading to Peak in 2025
Savills reports that European commercial real estate investment volumes are forecast to grow by 13 percent in 2025, but Central and Eastern Europe (CEE) is expected to outperform this...
The share of renegotiations in the czech office market is growing
The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50 percent of all concluded transactions. A growing number of companies...
Czech Hotel Market Sees Growth and Investor Optimism
According to Savills, the Czech hotel sector reached a transaction volume of €340 million in Q1 2025, accounting for 23 percent of the total commercial real estate investment volume...
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 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...
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...
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....
