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Articles - office rental inquiry

Prague's Top Tower: A Barometer for Future High-Rise Commercial Real Estate Development

The ambitious Top Tower project by developer Trigema, planned for Nové Butovice and featuring a distinctive design by David Černý, is encountering significant regulatory challenges. As Prague prepares to implement a new Metropolitan Plan limiting building heights, the future of this and other high-rise commercial developments in the city hangs in the balance, impacting businesses looking for prime office and retail spaces.

The regional office market becomes increasingly attractive, attracts by lower prices and greater availability of space

Regional cities in the Czech Republic are becoming an increasingly interesting alternative for investors looking for cheaper, yet high-quality office space outside of Prague. That's according to the latest survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management. According to him, net realized demand in Brno grew by 43% year-on-year, in Ostrava by 127%. At the same time, prices are kept at a level that is one third to one half lower than in Prague. Even more interest in regional cities could be aroused by a better offer of serviced offices, which are of particular interest to established companies on the market in connection with the development of hybrid work and the introduction of hub & spoke or flex & core models.

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