REICO has appointed Ben Maudling as Managing Director – Investments with effect from 1 August. In the role, he will be responsible for real estate transactions across all four of the company's funds.

Investment volumes in commercial real estate in the Czech Republic reached almost €1.14 billion in the first half of 2026, with the residential sector emerging as the second strongest investment segment. The period was shaped largely by Wood & Company's acquisition of 760 rental apartments in the Písnice district of Prague, which remains the largest investment transaction on the Czech market so far this year. According to Savills, the limited supply of large residential portfolios highlights growing institutional investor interest in the sector.

Czech real estate company PSN has completed the acquisition of an office building at Botanická 56 in the Brno-Veveří district. The seller was Safichem Group, the industrial group of which tenant Aquatis forms a part. Existing tenancy arrangements remain unchanged, with Aquatis continuing to occupy the building.

Danish audio and communications manufacturer GN Group is to become a tenant at Panattoni Business Park Kladno, an industrial zone developed on a brownfield site formerly occupied by the Poldi Kladno steelworks. GN will occupy more than 30,000 sqm in total, of which approximately 28,000 sqm will be operational space and 2,000 sqm will serve as office accommodation. The build-to-suit project is being developed by Panattoni and financed by investment group RSJ, with completion scheduled for the second quarter of 2027.

UBM Development Czechia has relocated to new offices on Moulíkova Street in Prague 5, near Smíchov railway station, where the company is currently building the Rezidence Na Plzeňce residential project. The move, which took effect on 1 August, marks a return to the district where UBM first established its Czech operations more than 25 years ago.

The supply of modern office space in Prague remains constrained, with the vacancy rate standing at 5.8% at the end of the second quarter of 2026, the lowest level since 2020. Total modern office stock reached approximately 3.95 million sqm, yet only one project was completed during the quarter: the renovation of the Danube House building in Prague's Karlín district. The building, developed by CA Immo to Class A standard and seeking LEED Platinum certification, was fully occupied before completion, with Everpure and Allegro among its tenants.

The Regional Research Forum, whose members include CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills, has published its H1 2026 data for the Brno and Ostrava office markets. In Brno, the only completion during the period was Svatopetrská D (1,750 sqm) in Q1, while construction began on BRIXX Brno (1,400 sqm) in Q2. Total modern office stock in Brno reached 717,450 sqm by the end of June, with Class A properties accounting for 73% of that figure. Nine schemes totalling 87,570 sqm were under construction, the largest being Dornych (27,600 sqm), Ponávka A4 (12,310 sqm) and Nová Zbrojovka D4 (10,460 sqm).

Commercial real estate investment across six Central and Eastern European markets reached €5.8 billion in the first half of 2026, according to Colliers, with the Czech Republic accounting for roughly a quarter of that total at over €1.4 billion. Although this represents a nominal decline from the record €2.2 billion recorded in the same period last year, analysts at Colliers view the result as a stabilisation following an period of exceptional activity.

RS Group has completed Rezidence U Sadů, a 54-unit residential building in Hradec Králové, Czech Republic. The project, which won the Real Estate Project of the Year 2025 award for the Královéhradecký region, has seen 51 of its 54 apartments sold ahead of completion, with only three units remaining. Layouts range from studio to four-bedroom configurations.

Colliers has introduced Reworks, a digital platform that uses artificial intelligence to help companies optimise office space utilisation. The tool addresses declining office occupancy, rising operating costs and post-pandemic shifts in workplace patterns, and is positioned as a faster and more cost-effective alternative to traditional workplace consultancy methods.