The total area of modern industrial space for rent in the Czech Republic grew to 7.97 million m2 in Q1 2019. Totally 168,300 m2 of warehouse premises were completed in 13 industrial parks, down 21% y/y and 3% q/q. The biggest completed project is the Ostrava Airport Multimodal Park, sized 56,300 m2, rented out from ca. 65%. This stems from the end data from Industrial Research Forum (IRF), consisting of CBRE, Colliers International, Cushman & Wakefield and JLL.
Prepared by the team of foreign office CzechTrade Chicago