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Czech Cities Thrive with Expanding Office Spaces, Investors Drawn

3/14/2025

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Summary

Story summary

Czech cities like Olomouc and Hradec Králové offer modern office spaces between 30,000 and 100,000 sqm.
Enhanced transport and infrastructure are drawing investors, despite slower rent growth than in Prague.
Ostrava's office construction has stalled, averaging 5,800 sqm of completions annually over the past five years.
Brno's office market saw slight growth in 2024, with a 12.7% vacancy rate and 78,000 sqm in ongoing projects.

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Story summary

Czech cities like Olomouc and Hradec Králové offer modern office spaces between 30,000 and 100,000 sqm.
Enhanced transport and infrastructure are drawing investors, despite slower rent growth than in Prague.
Ostrava's office construction has stalled, averaging 5,800 sqm of completions annually over the past five years.
Brno's office market saw slight growth in 2024, with a 12.7% vacancy rate and 78,000 sqm in ongoing projects.