Czech construction industry grows continuously

08
Oct
2025
News - Czech construction industry grows continuously #construction #Czech Republic #Czech Statistics Office #report

by Property Forum | Report

Construction production in the Czech Republic has increased by 17.1% year-on-year, and has been higher by 2.3% month-on-month, according to the Czech Statistics Office's report of August 2025 figures. The market is mostly driven by infrastructure construction.


The indicative value of issued building permits increased by 12.2%. Year-on-year, 0.4% fewer apartments were started, and 35.4% more apartments were completed.

Production in building construction increased by 11.2% and engineering construction increased by 27.4%. "Construction production has been growing continuously since November of last year. In recent months, even at a double-digit rate. The large amount of engineering construction under construction also contributes to the growth," says Radek Matějka, Director of the Department of Agriculture and Forestry, Industry, Construction and Energy Statistics at CZSO.

In August 2025, the construction of 2,757 apartments was started, and this number decreased by 0.4% year-on-year. 3,033 apartments were completed, which meant year-on-year growth of 35.4%.

The indicative value of buildings for which construction permits were issued in August reached CZK 56.7 billion (€2.32 billion) and increased by 12.2% year-on-year. "The approval of a larger number of buildings with budgets over a billion crowns contributed to the August year-on-year growth of the reference value. After their model deduction, the reference value would be slightly below the level of last August," explains Petra Cuřínová, Head of Construction and Housing Statistics Department at CZSO. 




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New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


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