About the Regional Research Forum
The members of the Regional Research Forum (CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank, and Savills) aim to provide clients with consistent, accurate, and transparent data on regional office markets in the Czech Republic. The members share non-sensitive information and believe that the Regional Research Forum will contribute to the improvement of transparency in the Czech regional office markets.
Brno
- One office building was completed in the second half of 2025, Cerit III – Botanická Living Lab (10,800 sq m).
- More than 92,300 sq m of office space was under construction at the end of 2025.
- The technology companies dominated the demand in H2 2025 in both net and gross volume.
- The vacancy rate increased to 14.4%, compared to the end of last year, it rose by 2.7 percentage points.
- Prime headline rents stabilised at €17.00 – 18.00 per sq m per month.
Commentary:
“Brno is entering a new era as a rising innovation hub, where modern workplaces increasingly cluster around emerging districts shaped by local, forward-thinking developers. The office demand base is evolving, driven by business services and R&D functions that view Brno as a strategic alternative to larger Central European markets. With limited new supply stretched over the coming years, landlords active in the market start to consider targeted upgrades and repositioning of certain properties rather than pure speculative office development. We expect part of the pipeline will eventually be redesigned for residential use, driven by similar reasons as in the capital,” says Jana Vlková, Head of Workplace Advisory & Office Agency at Colliers.
Brno Office Supply/Stock
One building was completed in Brno in the second half of this year, Cerit III – Botanická Living Lab (10,800 sq m) by the developer Infond. No construction commencement was reported in Brno during H2 2025. The total modern office stock in Brno amounted to 715,700 sq m in H2 2025. Class A buildings accounted for 72% of the total stock, while the remaining 28% consisted of Class B offices.
Currently, nine projects are under construction, totalling 92,300 sq m of modern office space. Major projects include Dornych (27,600 sq m), Ponávka A4 (16,800 sq m) and Nová Zbrojovka – D4 (10,500 sq m). Currently scheduled completions for 2026 are almost 52,000 sq m, with an additional 40,400 sq m due for completion in the years 2027 and 2028.
Brno Office Leasing/Transactions
Largest leasing transactions in the second half of the year were represented by a pre-lease of an occupier from the technology sector in Ponávka A4 (4,600 sq m), followed by a new occupation by an occupier from the manufacturing sector in Vlněna H (4,200 sq m) and a pre-lease by Gymnation in Dornych (2,200 sq m).
Vacancy
At the end of the second half of 2025, a total of 103,100 sq m of vacant modern office space was recorded in Brno. The vacancy rate increased year-on-year by 2.7 percentage points to 14.4%.
Rents
Prime headline rents in Brno stabilised in the second half of 2025, currently ranging from €17.00 to € 18.00 per sq m per month. However, rents for some specific office units may be significantly higher.
Ostrava
- New construction remains subdued in Ostrava; no new office project was completed in 2025, with only one project under construction.
- The office vacancy rate in Ostrava is mostly stable at 11%, with a year-on-year increase of only 6 basis points.
- Prime headline rents remained stable at €14.00 – 14.50 per sq m per month.
Ostrava Office Supply/Stock
The total modern office stock in Ostrava at the end of H2 2025 amounted to 245,700 sq m. No new office buildings were completed in 2025. The only project under construction in Ostrava is the Václav multifunctional building (3,000 sq m), scheduled for completion in 2027.
Ostrava’s major office transactions
An undisclosed medical company signed a new lease in Nordica (2,000 sq m), the most significant deal recorded in H2 2025. Pharmaceutical/medical and technology (IT) companies accounted for the largest share of take-up in the second half of the year.
Vacancy
At the end of the second half of 2025, 26,900 sq m of vacant office space was recorded in Ostrava. The vacancy rate increased only slightly, by 0.06 percentage points, to 11.0% in the annual comparison.
Rents
In H2 2025, prime headline rents on the Ostrava office market remained unchanged at €14.00-14.50 per sq m per month.