Only 26,300 sqm of new office space will be completed in Prague this year, the lowest figure in the past decade. Although construction activity has slowed significantly, the total volume of projects under construction remains strong at 244,200 sqm across 17 buildings at the end of the third quarter, according to data by Colliers Czech Republic.

Crestpoint Project Partners has launched a new project management and advisory platform to support developers, investors and construction companies across the real estate sector.

REICO IS EAM continues its most dynamic year since its foundation, as the REICO Nemovitostní Fund expands its portfolio with a property in the heart of Prague. This marks the largest single-asset transaction ever recorded on the Czech market.

The Czech Republic's commercial real estate investment market is on track for one of its most successful years in history, with transactions worth €2.46 billion completed in the first nine months of 2025, Colliers reports.

Sekyra Group has advanced its Žižkov City project after selecting four architectural studios through a competitive workshop. The studios - Unit architekti, Klaska Ltd, edit! architects and majo architekti - will design the first two residential blocks of the development.

Charles Boudet, CEO of iO Partners, described for Property Forum how AI and digitalisation are reshaping real estate in CEE. From innovative tools like iO4Land to strategic expansion in Austria and Serbia, the company is looking to drive efficiency, growth, and resilience across multiple sectors.

Slovak developer Corwin has announced its first Prague project called Dvory, located in Prague 9 - Vysočany. Like the company's Palma project in Bratislava, this development involves revitalising a brownfield site into a sustainable modern district for living and working. Construction of the first phase is expected to begin by the end of 2025.

Investment volumes in the Czech commercial real estate market could reach €3.9 billion in 2025, according to a Savills analysis. In Prague alone, commercial properties worth approximately €2.5 billion are currently at various stages of sale - the highest amount of assets offered in the past ten years. The majority of available properties are office buildings and mixed-use properties combining retail and office space. Hotels and industrial or logistics assets represent a smaller share.

Unibail-Rodamco-Westfield (URW) has inaugurated the rebranded Westfield Černý Most shopping centre in Prague, featuring an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded cinema experience, the destination now spans approximately 94,100 sqm and 180 units.

AFI Czech Republic has officially begun construction of its new rental project AFI Home V Korytech in Prague 10 featuring 519 residential units. Construction will proceed in two phases that started simultaneously, with the first phase completing in Q2 2028 and the second a year later. Metrostav DIZ serves as the general contractor.