2016/Q4 INDUSTRIAL PROPERTY MARKET REPORT

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

Last quarter of 2016 brought another substantial increase in total stock. Speculative projects are getting leased soon after the construction is commenced. Even the vacancy rate declined to the mark of 4 %.

Subject of speculation in some regions is now the lack of workers, but this discrepancy is caused mainly by the different salary expectations of both worker’s and investor’s side. In 2017 we expect significant amount of new “big box” projects and ongoing high interest for the region of Ústí nad Labem thanks to the newly opened highway D8.

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