Czech Republic Prague Office Q4 2023 Figures

January 30, 2024 5 Minute Read

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Q4 2023  market highlights:


Total completions in 2023 reached 98,400 sqm in seven projects.

Vacancy rate of 7.2%

Leasing activity on the market stood stable, take-up was almost 63,000 sqm

Prime headline rents slightly increased q-o-q and stood around 27.00 – 27.50 €/sqm/month.

Space under construction was ca. 84,000 sqm. All is planned for delivery in 2024