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News IT companies drive office leasing activity in Prague
26
Jul
2022

IT companies drive office leasing activity in Prague

by Property Forum
The gross take-up in the Prague office market has increased by 41% in Q2 2022 compared to Q2 2021. The volume of office construction also increased y-o-y by 47%. Leasing activity was driven by IT companies and the rent gap between newly completed and existing buildings continues to widen, says the office market report for Q2 2022 published by The Prague Research Forum.
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News Prague’s office market records further rental growth
28
Apr
2022

Prague’s office market records further rental growth

by Property Forum
Prime rent in the first quarter of 2022 increased again and is in the range of €24.00-24.50 per sqm per month in the city centre. In addition to rents, rising construction prices are still reflected in offers of allowances for office build-outs or other incentives. The Prague Research Forum published the office market figures for Q1 2022.
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News Prague’s office market records rental growth
24
Jan
2022

Prague’s office market records rental growth

by Property Forum
Gross take-up on the Prague office market for the whole year of 2021 increased by 16% compared to the previous year to the level of 387,100 sqm. Prime headline rents also increased in Q4 2021 and ranged between €23.50–24.00 per sqm per month in the city centre. The Prague Research Forum published office market figures for Q4 2021.
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News Prague’s office take-up grows by 10% year-on-year
23
Jul
2021

Prague’s office take-up grows by 10% year-on-year

by Property Forum
Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.
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News Prague’s total office leasing activity in 2020 down by 24%
22
Jan
2021

Prague’s total office leasing activity in 2020 down by 24%

by Property Forum
Gross take-up on the Prague office market in Q4 2020 amounted to 98,700 sqm, representing a 17.6% increase on the previous quarter but a 33% decrease in a year-on-year comparison. The Prague Research Forum announced the office market figures for Q4 2020.
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News Prague’s office market records higher sublease activity
21
Oct
2020

Prague’s office market records higher sublease activity

by Property Forum
The impacts of COVID-19 are becoming visible on Prague’s office market with a rapid decrease of net demand and the postponement of several completions of new office projects. At the same time, the share of sublease deals within the total take-up increased from around 1% in previous quarters to 7%. The Prague Research Forum announced the office market figures for the third quarter of 2020.
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News Slight slowdown on Prague’s office market
30
Jan
2020

Slight slowdown on Prague’s office market

by Property Forum
Overall in 2019, total gross take-up on the Prague office market reached 439,000 sqm, representing a decrease of 18% in year-on-year comparison. The Prague Research Forum announced the office market figures for Q4 2019.
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News Weaker demand on Prague’s office market
28
Oct
2019

Weaker demand on Prague’s office market

by Property Forum
Gross take-up in the third quarter of 2019 amounted to 85,200 sqm on the Prague office market, representing a 17% decrease on the previous quarter. The Prague Research Forum announced the office market figures for Q3 2019.
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News Prague’s office market slows down a bit
25
Jul
2019

Prague’s office market slows down a bit

by Property Forum
Gross take-up on Prague’s office market in Q2 2019 amounted to 100,600 sqm, representing a 9% decrease on the previous quarter The Prague Research Forum announced the office market figures for the second quarter of 2019.
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News Prague office market vacancy further decreases
02
May
2019

Prague office market vacancy further decreases

by Property Forum
The vacancy rate on Prague’s office market decreased to 4.3%, down 80 basis points in comparison with the revised results of Q4 2018. The Prague Research Forum announced the office market figures for the first quarter of 2019.
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Latest news


New leases

  • Wunderman Thompson Technology has decided to relocate its office in Poznań to the Nowy Rynek E building by Skanska, under construction at the junction of Wierzbięcice and Matya streets. In selecting the location and negotiating the lease, the tenant was supported by experts from the Poznań office of the Colliers consulting company.
  • Objectivity, an IT company, has extended its lease agreement in Wrocław's West Forum complex. The annex concerns nearly 4,400 sqm of office space and approximately 140 parking spaces.
  • Consulting firm Altman Solon has leased 900 sqm of office space on the 21st floor of the Widok Towers skyscraper in Warsaw. It will move into its new office at the end of the year.

New appointments

  • Dominik Pawlak takes the position of Director in the Office Agency department at Avison Young Poland, where he will be responsible for the company's key clients, as well as training junior team members.
  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.


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