Wednesday, 11 February 2026
Brno: In the second half of 2025, one new office building was completed in Brno, Cerit III – Botanická Living Lab, adding 10,800 sq m of space. At the end of the year, more than 92,300 sq m of office space was under construction. Demand during the period was led by technology companies in both net and gross volumes. The vacancy rate rose year-on-year by 2.7 percentage points to 14.4%, while prime headline rents remained stable at €17.00–18.00 per sq m per month.
Commenting on current trends, Jana Vlková, Head of Workplace Advisory & Office Agency at Colliers, said: “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.”
Total modern office stock in Brno reached 715,700 sq m by the end of H2 2025, with Class A buildings accounting for 72% of the market and Class B buildings representing the remaining 28%. Nine projects were under construction, totalling approximately 92,300 sq m. Major schemes include Dornych, Ponávka A4 and Nová Zbrojovka – D4. Around 52,000 sq m is scheduled for completion in 2026, with a further 40,400 sq m planned for delivery in 2027 and 2028.
Leasing activity in the second half of the year was led by the technology sector, followed by manufacturing and pharmaceutical and medical occupiers. Pre-leases represented a significant share of total activity. The largest transactions included a 4,600 sq m technology sector pre-lease in Ponávka A4, a 4,200 sq m manufacturing lease in Vlněna H and a 2,200 sq m pre-lease by Gymnation in Dornych.
At the end of the period, 103,100 sq m of modern office space was vacant in Brno, reflecting the increase in the vacancy rate. Prime rents remained unchanged, although certain premium units achieved higher levels depending on location and specification.
Ostrava: Office development activity in Ostrava remained limited throughout 2025, with no new buildings completed and only one project under construction. The vacancy rate was largely stable at 11%, rising only marginally by 0.06 percentage points year-on-year. Prime headline rents held steady at €14.00–14.50 per sq m per month.
Total modern office stock in Ostrava stood at 245,700 sq m at the end of the second half of the year. The only scheme currently under construction is the Václav multifunctional building, which will add approximately 3,000 sq m upon its planned completion in 2027.
The most significant leasing transaction recorded in H2 2025 was a 2,000 sq m new lease signed by an undisclosed medical company in the Nordica building. Pharmaceutical and medical occupiers, together with technology firms, accounted for the largest share of total take-up.
Vacant office space in Ostrava totalled 26,900 sq m at the end of the period. Despite the slight increase in vacancy, rental levels remained unchanged, indicating a stable pricing environment in the local office market.
Source: Regional Research Forum
