CI: 166,700 m2 of office space to be completed in Prague in 2018

28. 11. 2017

Totally 166,700 m2 of office space is scheduled to be completed in Prague in 2018, with 20% of the premises already having tenants.

(CIANEWS, Nov 28) Totally 166,700 m2 of office space is scheduled to be completed in Prague in 2018, with 20% of the premises already having tenants. Vacancy rate will oscillate slightly below 10%, according to a survey by Colliers International (CI). There was totally 3.28 million m2 of office space in Prague as of the end of Q3 2017. Vacancy rate totalled 7.7%. Rents amounted to EUR 21 per m2 and month. There were totally 349,000 m2 of office premises under construction as of the end of Q3 2017. Of this total, 88,000 m2 are scheduled for completion in Q4 2017 and 54% have been preleased.