Warehouse space in the Czech Republic will grow by 1
million m2 in 2022. The total volume of modern industrial space for lease currently
exceeds 10.65 million m2. The date were published by 108 Agency. The vacancy
rate is still around 1%. Most vacant halls are located in the Plzeň and
Moravia-Silesia Regions. Developers practically do not offer short-term leases,
new tenants have to count on the requirements for at least five-year contracts.
Rent growth in Prague and other regions has stopped in Q3 2022. Total costs, which
reflect high energy prices, are still rising. Premises with arranged renewables
have a competitive advantage.
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