Sekyra Group has started the third phase of Smíchov City construction, Prague's largest urbanisation project since Vinohrady was built in the 19th century. The phase will consist of three residential blocks with approximately 800 apartments and an investment estimated at €200 million.

Prologis has expanded its presence in the Prague region through the acquisition of a modern warehouse building covering 17,455 sqm. The building is located in Rudná, 20 km from Prague city centre, and has been incorporated into Prologis Park Prague-Rudná.

The Czech Republic's modern industrial stock reached 13.59 million sqm in Q1 2026, according to the Industrial Research Forum. The quarter saw 307,000 sqm of new warehousing space delivered across 9 industrial parks, representing a 34% increase compared to the previous quarter and a 44% increase year-on-year.

Prague’s office market saw a significant injection of activity in Q1 2026, with the commencement of three major projects pushing the total volume of space under construction to nearly 313,000 sqm. According to the Prague Research Forum, this shift marks a notable transition in developer sentiment, moving away from a strictly pre-let model toward speculative development.

Demand is rising in the Czech historic property market, with castles, fortresses and historic estates increasingly becoming prestigious locations not only for living but also for business, according to Luxent – Exclusive Properties.

International logistics provider Dachser Czech Republic has agreed to lease 9,000 sqm of new industrial space at Garbe Park Brno South in Pohořelice.

Housing prices in Central Europe have risen dramatically over the past six years, according a report by Cushman & Wakefield, based on data from Builtmind, comparing Bratislava, Prague, Warsaw and Budapest

JSK Investments, Notino Limited and other partners have completed the sale of a full stake in Lusima AD Property, which owns development land on Spojovací Street in Prague's wider city center.

In 2025, indicative demand for industrial and logistics space in the Czech Republic almost matched the volume of lease agreements actually signed for the first time in several years, according to Cushman & Wakefield.

Developer PSN will begin renovating the former intercity telephone exchange on Fibichova street in Prague 3 this summer. The monumental 1926 building will undergo conversion into premium rental housing, with completion planned for autumn 2028.