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Record Growth for Flexible Offices in the Czech Republic: Over 172,500 Square Meters, also Expanding in Regions

23/04/2025

PRAGUE, 23 April 2025Flexible offices in the Czech Republic are experiencing record growth. After a slowdown in demand during the pandemic, we are seeing a significant market revival. Nearly 60,000 sq m of new flexible offices will be added just in the last and this year. New centres are emerging not only in Prague but increasingly in the regions as well. The composition of clients is changing, with growing interest from corporations and an increased emphasis on technological equipment and specialized spaces such as podcast studios or creative zones. The flexible office market is thus one of the fastest-growing segments of commercial real estate in the Czech Republic. 

Flexible offices, coworking spaces, and modern work centres are experiencing strong growth in the Czech Republic. Interest in them has surged sharply after the pandemic slowdown, not only in Prague or Brno but also newly in Ostrava, Říčany, and Žatec. According to data from Cushman & Wakefield, the total space of flexible offices reached a record 172,500 sq m at the end of 2024, with another 30,000 sq m to be added this year.  

Development of Flexible Office Space in the Czech Republic 

Flexible Office Space Chart.png
Source: Cushman & Wakefield 

Change in Work Style Drives the Market 

People and companies have adapted to a hybrid regime and expect greater flexibility, technological infrastructure, and quick accessibility from their work environment. This is precisely what coworking spaces and serviced centres offer. Operators of flexible offices are not just sticking to what they already have but are actively growing – whether it's international brands like IWG and WorkLounge or Czech players like Scott.Weber Workspace. 

For example, in 2024, Scott.Weber Workspace opened a new centre at Palmovka in the DOCK IN FIVE building, covering an area of 3,200 sq m, which was the largest new flexible center opened that year. They also expanded their spaces in the Churchill building by more than 2,200 sq m to a total of 4,500 sq m. In 2025, they plan to open four more centres not only in Prague but also in Ostrava. 

New concepts are also emerging in the market this year. WorkLounge opened a new centre in the Telehouse building in Prague 6 in March, while IWG  took over the OFFY centre in Prague 4 and introduced its premium brand Signature there in February. 

Regions Are Not Lagging Behind

Flexible offices are no longer exclusive to Prague. For example, IWG opened its new Regus centre in the Platan Office building in Ostrava. In Říčany near Prague, a new HONEST Workspaces centre has been established, which combines work and living – offering not only offices but also coliving spaces. 

Brno Has the Largest Flexible Centre in the Country 

In April 2025, Clubco in the Vlněna complex in Brno became the largest centre in the Czech Republic. By expanding by another 2,000 sq m, the total area of this centre reached 5,900 sq m. Brno thus strengthens its position on the map of modern workspaces. 

Technology, Comfort, and a New Work Experience 

Modern coworking spaces today offer much more than just a desk. Standard features include smart reservation systems, videoconferencing rooms, fast connections, contactless entries, as well as quiet zones, creative spaces, and increasingly popular podcast studios. For companies and individuals, flexible offices thus become a full-fledged alternative to traditional offices – with greater freedom, accessibility, and high service levels. 

Kamila Breen, Head of Research at Cushman & Wakefield: “With the growing emphasis on hybrid work, the need for well-equipped technical facilities that enable smooth collaboration across teams and locations is also increasing. Flexible offices today commonly offer modern technologies that were recently the privilege of large companies – and this is a key benefit for many users.”  

Learn more about the Flexible Offices study.

 

Media Contact

Martina Pavlikova

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