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EMEA Office Fit Out Cost Guide - Czech Republic
KEY HIGHLIGHTS
Cushman & Wakefield's EMEA Office Fit Out Cost Guide delivers detailed office renovation costs for occupiers across the Czech Republic. Our guide, crafted by the global Project & Development Services (PDS) team, is designed to assist in defining capital planning and relocation budgets, catering to a variety of office fit out types from basic setups to advanced and sustainable designs.
Explore our comprehensive guide reflecting modern business needs and presenting the latest market trends.
- Competitive Pricing: Despite rising construction prices and increased demand for modern workplaces, Prague's office fit-out costs remain competitive compared to other European cities like Berlin and Frankfurt.
- Strategic Location: Prague's central location and competitive pricing make it still an attractive destination for businesses considering expansion or relocation.
- Modern Office Leases: Approximately 50% of new office leases in Europe are in modern Class A office buildings, which offer flexible work environments, higher energy efficiency, and improved employee comfort.
- Investment Trends: 46% of suppliers in the EMEA region increased their investment in ESG initiatives in 2024.
- Benefits of Modern Fit-Outs: Companies investing in modern office fit-outs can expect higher employee satisfaction, lower operating costs, and an enhanced corporate image.
Commercial office fit out costs per square meter
Medium-quality fit outs in Prague average is €1,235 per sq m.
Office fit-out costs in Berlin reach €2,333 per sq m, while in Frankfurt, they are even higher at €2,408 per sq m. This makes Prague a cost-effective alternative for companies planning expansion or relocation within Europe.
| Country | City | Cost |
|---|---|---|
| 01/ Czech Republic | Prague | € 1,235 euro/sqm |
| 02/ Poland | Warsaw | € 1,275 euro/sqm |
| 03/ Hungary | Budapest | € 1,224 euro/sqm |
| 04/ Slovakia | Bratislava | € 1,140 euro/sqm |
| 05/ Germany | Berlin | € 2,333 euro/sqm |
| 06/ Germany | Munich | € 2,432 euro/sqm |
Source: Cushman & Wakefield
CONTRACTOR SENTIMENT SURVEY
OUR SERVICES
We recommend engaging with our Project & Development Services experts to customize fit out costs according to your unique requirements, ensuring your workspace meets both the aesthetic and practical demands of the contemporary office environment.
Project & Development Services (PDS)
New construction, relocation, renovation, new design of your real estate project – whatever your needs, our team will supply the expertise and data for effective decision-making and provide the best and most effective construction project delivery.
Sustainability
Global Occupier Services (GOS)
Helping our clients make intelligent business decisions to get maximum value from the spaces they occupy.
