Office market news Q3/2024
1 minute reading
Czechia’s economy is slowly recovering from a long period of stagnation, mainly thanks to a rebound in consumer spending. Household spending is …
C&W STATISTICS: PRAGUE OFFICE MARKET Q3 2023
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In Q3 2023, the gross take-up reached 88,200 sqm, down 34% y-o-y, with renegotiations accounting for 50%. The overall office market recorded a positive net absorption of 41,800 sqm. The vacancy rate experienced a slight increase, reaching 7.4%. When considering the „grey space“ available for sublease, the overall vacancy rate reached 8.9%.
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