Market Report -- Prague, Czech Republic

Market Research

Properties

Prague, Czech Republic

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI MIPA
Last Updated: 28-Feb-2008

* Click on each category for a detailed definition.

	NET RENT/M2/MONTH			NET RENT/SF/YEAR
	Low	High	Effective Avg.	Low	High	Effective Avg.	Vacancy	Investment Yield
City Centre Office
New Construction (AAA)	€ 18.00	€ 20.00	N/A	$ 25.89	$ 28.76	N/A	13.0%	N/A
Class A (Prime)	€ 16.00	€ 18.00	N/A	$ 23.01	$ 25.89	N/A	13.5%	N/A
Class B (Secondary)	€ 10.00	€ 15.00	N/A	$ 14.38	$ 21.57	N/A	14.0%	N/A

Suburban Office
New Construction (AAA)	€ 16.00	€ 18.00	N/A	$ 23.01	$ 25.89	N/A	13.0%	N/A
Class A (Prime)	€ 14.00	€ 15.00	N/A	$ 20.13	$ 21.57	N/A	11.0%	N/A
Class B (Secondary)	€ 8.00	€ 11.00	N/A	$ 11.51	$ 15.10	N/A	10.0%	N/A

Industrial
Bulk Warehouse	€ 5.50	€ 6.00	N/A	$ 7.91	$ 8.63	N/A	3.0%	N/A
Manufacturing	€ 4.50	€ 5.00	N/A	$ 6.47	$ 7.19	N/A	3.0%	N/A
High Tech / R&D	€ 4.00	€ 4.50	N/A	$ 5.75	$ 6.47	N/A	3.0%	N/A

Retail
City Centre	€ 45.00	€ 110.00	N/A	$ 64.72	$ 158.19	N/A	2.0%	N/A
Neighborhood Service Centers	€ 30.00	€ 40.00	N/A	$ 43.14	$ 57.53	N/A	5.0%	N/A
Community Power Center (Big Box)	€ 12.00	€ 30.00	N/A	$ 17.26	$ 43.14	N/A	3.0%	N/A
Regional Shopping Centres/Malls	€ 8.00	€ 20.00	N/A	$ 11.51	$ 28.76	N/A	5.0%	N/A
Solus Food Stores	€ 6.00	€ 10.00	N/A	$ 8.63	$ 14.38	N/A	N/A	N/A

Development Land	Low/ M2	High/ M2	Low/SF	High/SF
Office in CBD (per buildable M2/SF)	€ 300.00	€ 1,000.00	$ 36.00	$ 120.00
Land in Office Parks	€ 116.00	€ 166.00	$ 14.00	$ 20.00
Land in Industrial Parks	€ 30.00	€ 60.00	$ 4.00	$ 7.00
Office/Industrial Land - Non-park	€ 16.00	€ 33.00	$ 2.00	$ 4.00
Retail/Commercial Land	€ 40.00	€ 70.00	$ 5.00	$ 8.00
Residential	€ 30.00	€ 90.00	$ 4.00	$ 11.00

Conversion .70€ = 1 US$

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