czech republic Archives

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...

Investment Market

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...

Office Leasing

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...

Hotels

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...

Warehousing, Logistics and Industrial

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...

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