Q1 2025: Czech Industrial Market
The total volume of modern industrial space in the Czech Republic reached 12.4 million sqm, with 155,900 sqm completed in Q1 2025. Currently, 1.07 million sqm is under construction, although the share of speculative development has decreased to 28%. The industrial vacancy rate remained stable at 3.1%. Manufacturing companies continue to play a key role in market activity, accounting for 41% of all new lease deals in Q1. Prime rents in Prague’s industrial sector held steady at €7.25 per sqm per month.
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Head of Research Czechia
Regional Director of Industrial Agency
