UDI Group has obtained a building permit for Building A of its SIDE Smíchov Living project. The project in Prague's Smíchov district enters the implementation phase following the building permit for Building B. Building A is the second of three planned buildings, with construction expected to start in Q2 2027.

The proximity to metro stations is one of the main factors influencing the price, availability and attractiveness of office space in Prague, accoding to a recent analysis by Colliers. The highest rents near Prague metro stations are found in the city centre, where prices for premium office space reach up to €30 per sqm per month. In the wider city centre, the highest rents go up to €22, and on the city outskirts, up to €16.50 per sqm per month. Differences between individual locations are becoming more pronounced, based not only on distance from the city centre, but also on building quality, the age of the office stock and the current supply of available space.

The share of tenant-favourable markets is expected to fall from the current 52% to 33% by 2029. This is being driven by declining vacancy and limited supply of space as the share of landlord-favourable markets is set to rise from 26% to 39% in 2029, according to Cushman & Wakefield's report, which analyses 135 logistics markets worldwide,

Office markets across the six largest CEE capital cities, Prague, Warsaw, Budapest, Bucharest, Bratislava, and Sofia, have entered a new phase characterized by a severe supply crunch.

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.

Electronics outlet operator IPrice-RECARE has leased nearly 29,000 sqm at VGP Park Vyškov, where it will consolidate its logistics and administrative capacity. 

EQT Real Estate has completed EQT Park Prague North in Lužec nad Vltavou. The 56,500 sqm park, which offers commercial space for logistics and light manufacturing, has received its occupancy permit and is now available for tenants.

Developer YIT, together with family office One Family Office, has completed the acquisition of DH Towers, which owns land in the Zelený pruh area of Prague 4. The companies plan to build a mixed-use project on the site, with construction expected to begin within about three years.

Passerinvest Group, in partnership with the GEMO group, has advanced construction on the Sequoia development in Prague, with final completion scheduled for H1 2028. Gemo is also serving as the general contractor for the project.

Central European developer Penta Real Estate has transitioned into an international platform following its expansion into the London market, prompting an update of its executive leadership.