Prague Office Market Q4 2025
1. 2. 2026
Knight Frank Czech Republic is pleased to present its quarterly update on the Prague office market in Q4 2025. This report provides a detailed overview of the Prague office market development, highlighting key trends in supply and demand as well as significant occupier activity.
- Vacancy at its lowest level since the beginning of 2020 and likely to decrease further this year.
- Only five office projects were completed during 2025 recording historically lowest annual new supply.
- Office development dominates in Inner City.
- Také up dropped in annual comparison however compared to the previous record year, demand still exceeds long term averages.
- Prime rents remained stable quarter-on-quarter but are expected to grow in 2026.
For more information, please download the report below. Should you have any enquiries about the office data or our broader real estate advisory services, our team will be pleased to assist you.
We are Your Partners in Property.
Lenka Šindelářová Head of Research and Consultancy lenka.sindelarova@cz.knightfrank.com +420 602 773 592
Jan Babka Head of Office Agency jan.babka@cz.knightfrank.com +420 702 276 335
Other tips
02/2026
Industrial Market Czech Republic Q4 2025
The market currently shows a healthy level of vacancy, giving tenants a wide range of options. We are seeing an increased number of projects in a shell & core condition with a delivery timeline of up to six months...
02/2026
Retail Market Czech Republic H2 2025
By the end of H2 2025, the total lettable retail area reached almost 4.16 million sq m.
01/2026
Czech Investment Market Q4 2025
Knight Frank Czech Republic presents a regular investment market update on the Czech real estate market for the fourth quarter of 2025.