Industrial property market to grow to 14m m2

Published: 18.03.2021 Related countries:  India India

Czech industrial real estate should reach an area of almost 14 million m2 in the future.

108 AGENCY: Industrial property market to grow to 14m m2   Industrial real estate should reach an area of almost 14 million m2 in the future. This was stated by real estate consulting agency 108 AGENCY. With respect to planned construction, a total of almost 1.7 million m2 of new industrial premises could be created in the Pilsen and Moravia-Silesia regions. Four currently announced projects in Ostrava, when completed, will offer for rent more than 570,000 m2 of Class A space. Developer Panattoni plans to launch more than 1.2 million m2. Gross realized demand of the logistics and storage sector in 2020 exceeded 1.35 million m2, net 815,000 m2. Developers and tenants are increasingly interested in environmentally friendly warehouses and parks.    Source: www.cianews.cz Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Bangalore.