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    PRAGUE COMMERCIAL REAL ESTATE MARKET, SUMMARY REPORT 2011

    During the year 2011 more than 100 000 sq.m. of new office space was delivered at the Prague market. Total lease activity reached almost 286 000 sq.m, which confirms ongoing increase of the market. Prime rents in the year 2011 remained virtually unchanged at level 20,00 - 21,00 € / m2 / month. Vacancy of the office buildings leveled to 12 % which represents aproximately 333 400 sq.m. of available office space.
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