Czech construction output increases by 1.4% in 2021

09
Feb
2022
News - Czech construction output increases by 1.4% in 2021 #construction #Czech Republic #CZSO #report

by Property Forum | Report

In December 2021, the construction output increased by 8.1%, year-on-year (y-o-y), in real terms. In the month-on-month (m-o-m) comparison, it was 1.8% higher. December was, in terms of year-on-year indices, the most successful month of 2021 too. The planning and building control authorities granted 8.3% more building permits, y-o-y. The approximate value of permitted constructions increased by 52.8%, y-o-y. The number of started dwellings increased by 120.8%, y-o-y. The number of completed dwellings decreased by 18.7%, y-o-y, the Czech Statistical Office (CZSO) announced in a report.


“The total construction output in 2021 slightly increased after having decreased before, both in the building construction and civil engineering construction. During the year, construction struggled with extraordinary growth of prices and lack of construction capacities,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department at the CZSO, says.

Construction in 2021

In 2021, the construction output increased by 1.4%, y-o-y, in real terms. The production in building construction increased by 1.5%, y-o-y (contribution +1.1 p. p.) and the production of civil engineering construction increased by 1.0%, y-o-y (contribution +0.3 p. p.). The average registered number of employees in construction decreased by 1.1%, y-o-y, in 2021. Their average gross monthly nominal wage increased by 5.1%, y-o-y, in 2021. In 2021, the number of construction orders of construction enterprises with 50+ employees increased by 15.3%, y-o-y; the enterprises received and concluded 78 517 construction orders in the Czech Republic. The total value of these orders increased by 14.7%, y-o-y, and amounted to CZK 290.2 billion. The building construction orders were for CZK 127.2 billion (an increase of 10.2%) and those for civil engineering constructions were for CZK 163.0 billion (an increase of 18.4%). The average value of a newly concluded construction order amounted to CZK 3.7 million and was by 0.5% lower, y-o-y. By the end of 2021, construction enterprises with 50+ employees had 19.0 thousand orders contracted (increase by 4.8%) and these orders represented the inventory of still unperformed construction works of the total value of CZK 225.7 billion (increase by 13.2%).

In 2021, the number of building permits granted increased by 5.8%, y-o-y; the planning and building control authorities granted 90 960 building permits. The approximate value of constructions permitted in 2021 was CZK 521.9 billion and increased by 33.9% compared to that of 2020. The number of dwellings started in 2021 increased by 28.3%, y-o-y, and was 45 244 dwellings. The number of dwellings started in family houses increased by 9.4% and the number of dwellings started in multi-dwelling buildings increased by 84.1%. The number of completed dwellings in 2021 increased by 0.7%, y-o-y, and amounted to 34 641 dwellings. The number of completed dwellings in family houses decreased by 1.0%, y-o-y, and the number of completed dwellings in multi-dwelling buildings decreased by 0.4%.

 




Latest news


New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • 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.


Latest news

News - Europe's next growth corridor is emerging in the East
19
Jun
2026

Europe's next growth corridor is emerging in the East

by Property Forum
For decades, investment activity in Central and Eastern Europe has been concentrated around a handful of established markets and capital cities. Yet some of the most significant economic shifts taking place today are happening further east, along a corridor connecting Romania, Moldova and Ukraine.
Read more >
News - Luxent Fund buys two Prague apartment buildings
18
Jun
2026

Luxent Fund buys two Prague apartment buildings

by Property Forum
The qualified investors' fund Luxent Fund SICAV, with its real estate subfund, has purchased two apartment buildings in Prague 2 – Nové Město. The fund recently also acquired an apartment unit in Prague 4 – Hodkovičky and is in talks over further opportunities, including in Prague 1 and 5, Praha-východ, Kolín and Hradec Králové.
Read more >
News - VGP inks new lease deals of 30,000 sqm in Romania
18
Jun
2026

VGP inks new lease deals of 30,000 sqm in Romania

by Property Forum
Pan-European real estate developer VGP is strengthening its Romanian footprint by securing two lease transactions with Ursus Breweries and ePiesa.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy