Prague Office Market Figures Q4 2022

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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%.