2016/Q2 INDUSTRIAL PROPERTY MARKET REPORT

We bring you a professional view of the current industrial property market.

Number of finished construction in Q2 moves the Czech industrial market towards the milestone of 6 million sq m of total industrial space. Almost 140,000 sq m hit the market to satisfy the growing market demand.

The Greater Prague area remains the most attractive region with 59% share, followed by Pilsen area. Increased market activity is also reflected in declining vacancy rate, currently at 4,4 %. As a result of this trend there is a strong increase in volume of speculative development with 44% share in total Q2 construction.

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