Czech Republic is running low on Warehouses and Production Halls. Record demand is the reason behind it.

During 2020, 1.37 million square metres of industrial space were leased in the Czech Republic. By the end of June this year, it was almost 1.2 million square metres. Therefore, it is certain that the year 2021 will be the strongest so far in terms of total demand in this...
The construction of new Offices is coming back to life. However, it won´t reach pre-pandemic levels until 2023

By the end of the year, almost 40,000 sq m of new offices will be prepared by developers in the Prague area.  In the following periods, this total rises to over 140,000 sq m. The balance is mainly affected by large and long-term development projects such as Port 7 by Ska...
Czech Retail is being taken over by Retail Parks and Lowcost Brands

The results from the Czech retail market for the first half of 2021, prepared by the consulting company, BNP Paribas Real Estate, offer a perfect contrast. The outputs clearly show a growing interest in retail parks, which have come through covid restrictions without maj...
Flexible Offices experience a second wave of interest: they are more acceptable than home office for most corporations

At the beginning of the year, it seemed that many coworking centres or shared offices could not survive the measures associated with the Covid-19 pandemic. It was on shared workspaces, whose philosophy is based on meeting, personal communication and cooperation, that the...
Recovery in Real Estate Investment. Offices, Warehouses and Retail Parks are the most attractive

Fourteen of the fifteen retail properties which changed owners in the first half of this year were retail parks. Typically, these were around 3,000 sq m in size, and located in smaller Moravian and Czech towns. However, retail-related facilities, which express investors'...
Another record year for the Czech Industrial Real Estate Market

Historically low vacancy rates, a record volume of completed lease agreements, rising rents and unprecedentedly rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphor...
Office developers in Prague have extended their deadlines - not current plans for construction

Up to 700,000 sq m of new modern offices could be added to Prague Office Market by 2025. Currently, about a third of this volume is in the construction phase. However, due to the prevailing slowdown in demand and increasing vacancies in both existing and new office space...
BNP Paribas Real Estate's Industrial Agency is expanding - in terms of both personnel and deals

Industrial real estate is thriving in the Czech Republic. In spite of the effects of epidemiological measures, this segment is constantly evolving. There is currently a lot of activity involving new construction, demand and renegotiation of existing contracts for logisti...
Real estate investors are looking for opportunities in the regions. And they’re finding them!

In the first quarter of 2021, the activity of real estate investors fell to the lowest value since 2013. Commercial (and residential) buildings to the value of €310 million changed hands. The result was affected mainly by the lack of quality real estate on the market, ra...
NN renegotiated their lease in Smíchov and will remain in Zlatý Anděl

Interesting rental conditions and, at the same time, the opportunity to test new ways of working. These were the main conditions of the NN insurance company for our Office Agency team during negotiations with the owners of commercial real estate. The client, who has long...
Czech Republic is running low on Warehouses and Production Halls. Record demand is the reason behind it.

During 2020, 1.37 million square metres of industrial space were leased in the Czech Republic. By the end of June this year, it was almost 1.2 million square metres. Therefore, it is certain that the year 2021 will be the strongest so far in terms of total demand in this...
The construction of new Offices is coming back to life. However, it won´t reach pre-pandemic levels until 2023

By the end of the year, almost 40,000 sq m of new offices will be prepared by developers in the Prague area.  In the following periods, this total rises to over 140,000 sq m. The balance is mainly affected by large and long-term development projects such as Port 7 by Ska...
Czech Retail is being taken over by Retail Parks and Lowcost Brands

The results from the Czech retail market for the first half of 2021, prepared by the consulting company, BNP Paribas Real Estate, offer a perfect contrast. The outputs clearly show a growing interest in retail parks, which have come through covid restrictions without maj...
Flexible Offices experience a second wave of interest: they are more acceptable than home office for most corporations

At the beginning of the year, it seemed that many coworking centres or shared offices could not survive the measures associated with the Covid-19 pandemic. It was on shared workspaces, whose philosophy is based on meeting, personal communication and cooperation, that the...
Recovery in Real Estate Investment. Offices, Warehouses and Retail Parks are the most attractive

Fourteen of the fifteen retail properties which changed owners in the first half of this year were retail parks. Typically, these were around 3,000 sq m in size, and located in smaller Moravian and Czech towns. However, retail-related facilities, which express investors'...
Another record year for the Czech Industrial Real Estate Market

Historically low vacancy rates, a record volume of completed lease agreements, rising rents and unprecedentedly rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphor...
Office developers in Prague have extended their deadlines - not current plans for construction

Up to 700,000 sq m of new modern offices could be added to Prague Office Market by 2025. Currently, about a third of this volume is in the construction phase. However, due to the prevailing slowdown in demand and increasing vacancies in both existing and new office space...
BNP Paribas Real Estate's Industrial Agency is expanding - in terms of both personnel and deals

Industrial real estate is thriving in the Czech Republic. In spite of the effects of epidemiological measures, this segment is constantly evolving. There is currently a lot of activity involving new construction, demand and renegotiation of existing contracts for logisti...
Real estate investors are looking for opportunities in the regions. And they’re finding them!

In the first quarter of 2021, the activity of real estate investors fell to the lowest value since 2013. Commercial (and residential) buildings to the value of €310 million changed hands. The result was affected mainly by the lack of quality real estate on the market, ra...
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