C&W STATISTICS: PRAGUE OFFICE MARKET Q3 2022
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Although gross office take-up grew by 11% q-o-q, net take-up increased by 0.5%. In Q3 2022, relatively robust occupier demand combined …
C&W Statistics: Prague Office Market Q1 2021
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The completion of several projects has been postponed by a few months until 2021, but we still expect the lowest growth in office space this year since 2016.
- Completions of several projects were postponed to 2021, however, the lowest volume of new supply since 2016 is expected to be added to the stock this year in Prague.
- Investors in wait-and-see mode
- Office supply growth slowed down; completions planned for 2021 are the lowest since 2016
- Prague 4 remains the largest office market, while Prague 1 dominates in flexible offices
- Only two smaller refurbished projects completed in Q1 2021
- Flexible offices openings slowed down in 2020
- Vacancy rate keeps increasing but still relatively low in the long-term
- Sublease space growth slowing, interest in high quality space increases
Download here Market Beat Q1 2021
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FLEXIBLE OFFICE IS A POWERFUL PART OF YOUR WORKPLACE STRATEGY
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C&W statistics: Prague Office Market Q2 2022
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Both gross and net take-up levels reached levels above the pre-pandemic average. As a result, the vacancy rate remained at the …