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.

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 office markets of CEE's six largest capitals records resilient demand for high-quality space in 2026, although new development has slowed, tightening supply, according to Colliers.

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.

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.

Commercial real estate investment in CEE is on track for another record year, with Prague maintaining its position as the region's safest market, according to Colliers.

European air travel reached record levels in 2025, with airports handling 2.6 billion passengers, a 4% increase year-on-year, according to a new Colliers report.

Office construction in Czech regions is slowing down as developers increasingly focus on residential projects due to poor profitability without pre-leases or prime locations, according to a report by Colliers.

Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.