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.

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.

Penta Real Estate and PSN have received a building permit for the Vinohradská 8 mixed-use project in Prague that will feature apartments, boutique offices and an active ground floor with shops and restaurants.

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.

Prague ranks among European cities with the highest projected growth in flexible office space, driven by a shortage of new office buildings and growing corporate demand for services.

Czech development and investment group Passerinvest has completed a public bond issue through Passerinvest Finance, raising the maximum possible amount of CZK 2.5 billion (€100 million). The issue was initially planned for CZK 1.5 billion (€61 million) but was increased due to strong investor demand.

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.