In the second quarter of the 2021 the total stock of industrial premises for lease reached 9,332,118 sq m. 549,446 sq m were in construction and 71,748 sq m delivered to the market. Based on all the known announcements by developers the total stock of “A” class premises for lease could in future surpass 15.6 mil. sq m. Most of this potential is concetrated in Pilsen region, Usti region and Central Bohemian region. More and more we are seeing growing differences between regions in terms of prices, options, supply and demand.

Vacancy reached its all time low with only 2.72 % of premises available with shell and core premises included. This represents 254,105 sq m across the entire Czech Republic. New premises currently in construction are mostly not being constructed speculatively so it's expected that this shortage of available space will last for some time. Without shell and core premises the vacancy reached only 2.01 % and Greater Prague region reached only 0.04 %.

2021/Q2 Industrial Property Market Report