Pankrác is a prime-tier Class A submarket of Prague with average asking rent around €288/sqm/yr · ≈ $28.9 PSF/yr USD.
Southern suburban Class A spine. · Tier: prime · Avg rent: €288/sqm/yr · ≈ $28.9 PSF/yr USD
Pankrác — anchored by City Tower (tallest building in Czechia) and Brumlovka — hosts Prague's deepest southern Class A submarket.
Banking back-office, shared services, professional services, telecom.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Metro C (Pankrác, Budějovická), tram.
Multi-modal transit captures the metro's principal professional catchment.
City Tower, Brumlovka campus, Pankrác Plaza.
Pankrác is one of 5 Class A submarkets we cover in Prague, classified as prime tier with an average asking rent around €288/sqm/yr · ≈ $28.9 PSF/yr USD. Compared with the broader Prague Class A stock, Pankrác typically attracts Banking back-office, shared services, professional services, telecom and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Pankrác: Nové Město, Karlín, Smíchov, Chodov / Michle. The full Prague submarket atlas is at /cities/prague.
For an institutional Class A occupier evaluating Pankrác, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Prague Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.