Danube House, a 2003-built office building in Prague's Karlín district and part of the five-building Riverside Karlín campus on Rohanské nábřeží, is undergoing a major refurbishment running from 2024 to 2026. Owner CA Immo is upgrading both the technical systems and the office and communal spaces, with the completed building targeting energy class B and LEED Platinum certification.

The number of people in the Czech Republic with a net worth of at least $30 million has grown from 1,356 in 2021 to an estimated 2,270 in 2026, according to Knight Frank's Wealth Report. The findings reflect a broader global trend: worldwide, more than 713,000 people now fall into this wealth category, and private capital has become the largest source of commercial real estate investment for the fourth consecutive year.

The Prague office market recorded a vacancy rate of 5.65% at the end of Q3 2026, down 11 basis points quarter-on-quarter and 74 basis points year-on-year, according to data published by Prague Research Forum (PRF). Total modern office stock stood at approximately 3.95 million sqm, with no new completions during the quarter. Approximately 222,900 sqm of vacant space was recorded across the city, with the highest vacancy in Prague 10 (12.0%) and Prague 3 (11.1%), and the lowest in Prague 2 (1.2%) and Prague 1 (3.6%).

Artificial intelligence companies are emerging as a distinct category of office tenant in Europe, concentrating primarily in London, Paris and Berlin, while Warsaw and Prague develop as secondary ecosystems, according to a new analysis by Colliers. The report finds that AI firms grow faster than most traditional occupiers, outgrow their premises quickly and prioritise proximity to universities, research institutions and skilled talent over rent levels.

Česká spořitelna is planning to invest up to CZK 11 billion (€450 million) in senior care properties in the Czech Republic, targeting the creation of around 5,000 new care beds.

CA Immo has signed an agreement to sell its Czech platform, marking the company’s exit from the Czech market. The closing of the transaction remains subject to customary conditions and is expected in the coming weeks. The company has not disclosed the buyer or the transaction value.

Passerinvest Group, a Czech developer and investor, is expanding into the rental housing sector under a new brand called Balance Home. The first units will be available for occupation in the second quarter of 2027 at the Hila project in the Brumlovka district of Prague 4, where 71 fully furnished apartments ranging from studio to four-room configurations will be offered. A further 134 rental apartments are being developed at Brumlovka as part of the Orion project, due for completion in 2029. The planned Arboretum project in the Prague district of Roztyly will add rental housing across two additional buildings.

Investment group RSJ and developer Na Jelených have formed a long-term partnership to develop the Na Jelených site in southern Prague. Together they are preparing a large-scale build-to-rent project comprising approximately 5,500 rental flats for up to 16,000 residents, with a total value exceeding CZK 50 billion. The first construction phase is set to begin next year, with the full project expected to be delivered over approximately ten years.

EQT Real Estate has signed a long-term lease for the entire larger hall at EQT Park Prague North with Ecologistics, the Czech branch of a logistics company that is part of Goodcang Holdings. The hall covers 44,500 sqm and will be used for local and cross-border e-commerce fulfilment services. The interior is currently being fitted out to the tenant's requirements, with operations expected to commence over the coming months. The park's smaller hall, measuring 12,100 sqm, remains available for lease.

YIT Czechia has launched Kattila Kamýk, a residential project in the Praha 12 district of Prague, where construction began in February 2026 and is expected to complete in autumn 2028. The ten-storey building rises on the site of a former heating substation belonging to Pražská teplárenská, which has been replaced by a modernised facility. The project was designed by studio Hlaváček a partner and features Scandinavian-style architecture with a façade enlivened by climbing plants.