Weak demand & resi boom stunt office development

Prague office vacancy is inching downwards while physical “occupancy” is up. At the same time, supply is dwindling as net rent figures rise. So, it’s no surprise rents are pushing upwards. What is surprising is that so few office developers are willing to break ground on new projects. 2025 could see less than 25,000 sqm … Continue reading Weak demand & resi boom stunt office development