Prague’s office market is stuck in a squeeze. Rents are hitting €35 per square meter, fit-out costs now equal five to seven years of rent, and just 26,000 sqm of new space is coming online in 2026. That used to be a single quarter’s delivery before COVID. Tenants who don’t reserve space through pre-leases are … Continue reading New podcast! Pavel Novak (Savills) on the worsening office squeeze