Prague office vacancy hits a five-year low as a supply drought tightens the market
Czechia's office market is defined by Prague, where 2025 closed with vacancy at 5.9% — the lowest since Q1 2020 — as historically thin new supply (just 26,600 m² delivered in 2025) collided with resilient demand. Full-year occupier activity reached 573,200 m², down 10% year-on-year but still ~18–20% above the five- and ten-year averages. Prime headline rents in the city centre held at €29–30/m²/month (≈€348–360/m²/year), stable into Q1 2026. Prime office yields settled around 5.00–5.25% after a record 2025 investment year. Construction has picked up (313,000 m² under construction at Q1 2026), but most pipeline projects are largely pre-leased, so the supply crunch should persist through 2026. Regional markets (Brno, Ostrava, Plzeň) remain small and thinly reported.
Tell us what you need — KancelareInfo matches tenants with the right space, free.
Free · no obligation · we reply within 24h.
Reach active tenants searching now — list your space.
Every figure is sourced from named research (JLL, CBRE, Cushman & Wakefield, Colliers, BNP Paribas Real Estate, Savills, Knight Frank) or shown as a labelled estimate / “not published”. Reporting periods and definitions differ by source; see the PDF’s Methodology & Sources. © 2026 OfficeRentInfo.
Rents, vacancy and pipeline — drawn from named broker research. Download the latest Czechia office report, free.