Zeitgeist Asset Management, specialising in development services and asset management for private and institutional investors, has completed changes to its ownership structure. As part of this transaction, the Family Office of Co-Founder Sebastian Junghänel sold its stake to Family Office Noack, concluding their long-term business partnership.

The flexible workspace sector in Prague has recorded its strongest five-year period in history, according to a report by Savills. As of December 2025, total flexible workspace stock reached 130,500 sqm, representing a 60% increase compared to 2019.

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.

The Czech investment market recorded its strongest year ever in 2025, with total investment volume reaching €4.3 billion, significantly exceeding previous highs from 2016 and 2017, according to Colliers.

The 15-storey Hila building, which is developed by Czech investment company and developer Passerinvest Group, will be completed this year, at Prague's Brumlovka district. 

The Czech HQ of a major international company will relocate to the Aviatica office building in Prague 5, occupying 11,000 sqm of office space.

Annual demand for industrial real estate in the Czech Republic reached its third-highest level ever last year, while the volume of buildings under construction remained at record levels. Interest in investing in local industrial real estate reached over €800 million, more than the last three years combined, according to a report by Colliers.

Investors in CEE are entering 2026 with higher activity than their Western European counterparts, according to a new survey conducted by CBRE.

Prague's institutional rental housing market entered a new phase of maturity in the H2 2025. With 3,220 units operating across 22 private build-to-rent (BTR) projects and record-low vacancy rates of just 2%, the market is showing strong demand for professionally managed rental housing.

Crescon has started construction of the residential project Rezidence Starochodovská in Prague 11, featuring over 80 units, which is slated for completion at the end of 2027.