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Industrial

Rental of industrial space in the Czech Republic reached a three-year high in the third quarter - interest of manufacturing companies helps

Net demand for industrial space in the Czech Republic reached a three-year high in the third quarter of this year. Gross take-up reached 577,395 sqm from July to the end of September. The share of new leases was unprecedented, amounting to 446,399 sqm in the period under review. According to real estate consultancy 108 REAL ESTATE, manufacturing companies leased a similar volume of premium industrial space as logistics: 163,449 sqm vs 177,570 sqm. Another new phenomenon is the achievement of a rent threshold of EUR 9 to 10 per sqm per month for selected urban logistics projects.

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Industrial

Interest in industrial space in the Czech Republic is driven by strong demand - retail, automotive and manufacturing are thriving

Almost 190,000 sqm of modern industrial space was leased under new contracts in the Czech Republic in the second quarter. After taking into account renegotiated contracts, the total realised demand for warehouse and production space in the Czech Republic from April to the end of June was 337,625 sqm. In terms of new leases, the past quarter thus surpassed the beginning of this year. The data was published by real estate consultancy 108 REAL ESTATE.

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