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.

The Czech industrial real estate market closed 2025 with a record gross take-up of 2.07 million sqm, with Q4 alone reaching 642,000 sqm. However, behind these figures lies a divergence: while Prague and Brno remain stable, rents in Pilsen and Ostrava declined over the course of the year, finds an analysis by Prochazka & Partners.

CA Immo has achieved full occupancy of the Danube House office building in Prague's Riverside Karlín district, following a lease agreement with data management company Everpure for approximately 14,500 sqm of office space.

Passerinvest Group has begun construction of the Sequoia office building, which will rise from a former brownfield site in the strategic development area of Nové Roztyly in Prague.

AFI has begun the main construction phase of its rental housing project AFI Home Straśnice in Prague 10.