The Czech industrial and logistics real estate market closed Q1 2026 with strong results, completing approximately 307,000 sqm of new space - the second-highest volume of new construction in a single quarter in history. The market added its largest industrial building in modern domestic history, with construction activity remaining high, vacancy rates at a healthy 4.7%, and stable rents.

The Prague office market is showing signs of recovery as the developers launched three new office projects in Q1, and the volume of space under construction rose by 81% year-on-year. Pre-leasing is gradually returning, and there is a growing willingness to build speculatively without pre-secured tenants.

Passerinvest Group has completed the shell construction of the Hila multifunctional building in Prague's Brumlovka district. The 15-storey building reaches 55 metres at its highest point and combines offices, residential units, shops and services for the first time in the area.

At Prague Property Forum 2026, the opening panel examined how investors are adapting their strategies in a volatile macro environment. Speakers highlighted that despite continued appetite for Czech real estate, higher financing costs, limited availability of quality assets, and growing uncertainty are pushing investors to become more selective, more cautious and increasingly focused on long-term resilience.

The European defence sector is undergoing a significant transformation, becoming increasingly diversified, innovation-oriented, and technologically advanced. Supported by defence investments totalling up to €800 billion, this development is directly influencing the geographic distribution of industrial activities and altering the structure of real estate demand across the region, finds a Colliers study.

Property Forum is proud to present the second edition of its annual list recognising the 50 most influential people in Czech and Slovak real estate. Following the successful launch of the inaugural ranking last year, the publication once again highlights the individuals shaping the future of these two dynamic markets. The ranking, together with all other regional editions, is now available on the Property Forum website.

Crestyl Group has secured a €185 million medium-term refinancing package for its Dock In Office Park in Prague, jointly underwritten by Deutsche Pfandbriefbank (pbb) and Helaba. The transaction capitalises on the lenders' long-term involvement with the Prague 8 commercial development. Prior to this agreement, both pbb and Helaba successfully provided the financing for all five individual phases of the waterfront office park.

From macro trends and investment strategy to housing affordability, operational efficiency and lender appetite, Prague Property Forum 2026 will bring together many of the market’s most active investors, developers, lenders and advisers on May 18th at the Cubex Centre Prague.

The Shopper Park Plus (SPP) Group reported an after-tax profit of €27.9 million in Q1 2026, up €17.3 million compared to the same period in 2025. Eight Polish retail parks added to the portfolio contributed €20.8 million to the Q1 results.

Stage Capital has sold Pasaż Łódzki, a convenience shopping center in central Poland, to Crestpoint Capital Partners on behalf of a Czech private equity account, marking their entry into the Polish retail market.