{
  "url": "https://classa.info/cities/prague",
  "title": "Prague Class A Office Market",
  "description": "CEE shared-services hub with a deep BPO, IT, and finance back-office cluster.",
  "oneSentenceAnswer": "Prague Class A office rents around €312/sqm/yr · ≈ $31.3 PSF/yr USD, with 7.6% vacancy and 6 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Anchor BPO, IT, and shared-services tenancy — IBM, Accenture, DHL, Société Générale, ExxonMobil.",
    "Karlín and Nové Město define the post-2010 trophy tier.",
    "30-40% rent discount to Western European peer markets.",
    "Class A vacancy near 8% — tight for a CEE shared-services hub."
  ],
  "keyFacts": {
    "city": "Prague",
    "country": "Czechia",
    "region": "EMEA",
    "classARentLocal": "€312/sqm/yr · ≈ $31.3 PSF/yr USD",
    "classARentUsd": "$31.304638653276232/sqft/yr",
    "vacancyPct": "7.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "21%",
    "talentIndex": 78
  },
  "faqs": [
    {
      "question": "What is the role of shared services in Prague?",
      "answer": "Material. IBM, Accenture, DHL, ExxonMobil, Société Générale, Honeywell, and a deep cluster of BPO, IT, and finance shared-services centres anchor 30%+ of Prague's Class A absorption."
    },
    {
      "question": "How does Prague compare to Warsaw or Budapest?",
      "answer": "Prague's Class A market is more mature than Bucharest or Sofia and broadly comparable to Warsaw on rent and vacancy. Discount to Vienna or Munich is material (~40-50%)."
    },
    {
      "question": "Are concessions available?",
      "answer": "Yes. Rent-free of 4-8 months on a 5-year deal is standard, with EUR 150-300/sqm TI typical."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/prague), updated 2026-04-15T00:00:00.000Z."
}