Czech Republic Real Estate Market Outlook 2026

• Following a record year in 2025, investment activity has normalised but remains strong by historical standards.
• Domestic capital continues to dominate, providing liquidity and resilience.
• Across sectors, restricted development pipelines are a defining feature of the current cycle.
• Limited new supply continues to support low vacancy and stable rental performance, particularly in prime and well‑located assets, while accelerating polarisation between modern and secondary stock continues.
• The Office market remains structurally tight, Retail benefits from improving consumer sentiment, Logistics demand is manufacturing‑led, and the Hotel sector is supported by strong tourism and limited new supply. In Living, affordability pressures continue to drive demand for institutional rental housing. 

Read the full report to learn more about the prospects for real estate in 2026.