Net demand was the highest in history, totaling 387,700 sqm (+107% y/y). The vacancy
rate fell to 3%, (-170 bps). At the end of 2Q, 280,200 sqm of modern
space was on the market ready for occupation. The highest
achieved rents rose to EUR 5 per sqm/month, and in Prague and its
surroundings to EUR 5.20 per sqm/month. This is according to
a survey by the Industrial Research Forum (IRF), whose members are
Cushman & Wakefield, CBRE, Colliers International, and JLL.
Source: CIA News.
Prepared by the team of CzechTrade office in New York.