1.03 million m2 of industrial space being built in the Czech Republic

Published: 26.04.2022 Related countries:  U.S.A. U.S.A.

Logistics and manufacturing properties in the Czech Republic currently have a construction area of 1.03 million m2.

Of this, 234,000 m2 of space does not have a pre-agreed tenant. Due to rising input prices, many developers are slowing down construction. In 2022, there is a risk that warehouses in particular will be in short supply.

The analysis of real estate consultancy 108 AGENCY also shows that 86,254 sqm of industrial space was completed in 1Q 2022, the vast majority of which was pre-let or occupied simultaneously with the approval. The total area of premium industrial sites thus exceeded 9.86 million m2. 

Source: CIA News, www.cianews.cz.

Prepared by the team of CzechTrade office in New York.