Prague Office Market Figures Q4 2022
Total modern office stock in Prague reached 3.8 million sqm.
In Q4 2022, 293,600 sqm space was vacant. Vacancy rate was 7.7%.
Total leasing activity (TLA) in Q4 2022 exceeded 153,200 sqm
Take up reached 60,645 sqm.
Prime rent in Prague city centre stood at around 26.50 €/sq m/month
The total amount of space under construction was ca. 293,600 sq m
In the year of 2022, office investment volumes reached €519.3 million
Office prime yields increased to 4.80%.