Czech Republic High number of renegotiations and expansions

Brno Office Supply/Stock The total modern office stock in Brno reached 689,600 sqm in H2 2023. A-class properties accounted for 73 pct of the total modern stock, while B-class properties represented the remaining 27 pct. In H2 2023, one office project was completed – the reconstruction of the Hrad building (1,500 sqm) in the Nová Zbrojovka project. A total of 26,100 sqm of new space was added to the Brno office market in 2023.No new office project commenced construction during H2 2023.There