C&W Statistics: Prague Office Market Q2 2021

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The drop in GDP growth caused by the supply chain and the consequent automotive industry crisis may further affect the market. Only about 53 thousand sq m of new office area were delivered to the market year-to-date, leading to the lowest annual supply in 2021 since 2016. On the other hand, the leasing activity in Q3 increased by 17% q-o-q, although the annual demand will probably not reach the 10-year average.