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28 May 2012

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Prague office completions to fall dramatically in 2010

Only 33,700 sq.m. of new office space is expected to be delivered in the Czech capital Prague during 2010, after full year 2009 came in at 161,700 sq.m., of which 61,200 sq.m. was delivered in 4Q09, according to Prague Research Forum, a joint venture between leading brokers. Total office stock reached over 2.7m sq.m. at end-2009, 71% newly built and almost 29% refurbished. (See upcoming PIE editions for full story)

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