The housing market in the Czech Republic has been facing a long-term imbalance. A shortage of affordable apartments, rising prices, and a changing demographic structure. At the REsummit 2025 conference, Petr Vondrášek, Asset Management Director of our group, took the stage.
Rental housing is becoming a common choice for an increasingly broad spectrum of households. “We’re seeing more young professionals among tenants, but also entire families,” said Petr Vondrášek during the discussion. The numbers illustrate the situation: in 2024, around 30,000 new apartments were completed according to official statistics — yet the real demand is significantly higher. In Prague alone, approximately 10,000 new apartments would need to be built each year, but only about 6,000 are currently under construction. As a result, pressure on the rental market continues to grow — along with rental prices.
You can read the full article from REsummit 2025 on e15.