INDUSTRIAL MARKET HIGHLIGHTS
- Year-to-date development completions reached 762,900 sq m across the Czech Republic, representing a 29% increase compared with the same period in 2025. Full-year deliveries are expected to surpass the 1 million sq m threshold, bringing new supply close to the record level recorded in 2022.
- The country’s modern industrial stock expanded to 14.5 million sq m by the end of Q3 2026, while the vacancy rate stood at 5.0% in September, compared with 5.3% at the end of the previous quarter.
- Gross leasing activity totalled 1,422,600 sq m in the first nine months of 2026, an 8% decrease year on year. Nevertheless, volumes remained 8% above the Q1–Q3 average of the preceding decade. Lease renewals accounted for 46% of year-to-date gross take-up, slightly exceeding the historical average.
- Net take-up accelerated quarter by quarter, yet cumulative activity reached 761,200 sq m in the first nine months of the year, 14% below the corresponding period of 2025 and 4% short of the ten-year Q1–Q3 average. Demand remained geographically concentrated, with Central Bohemia and Greater Prague accounting for 28% and 20% of year-to-date net take-up, respectively. Logistics operators emerged as the leading demand driver, accounting for 39% of Q1–Q3 net take-up and overtaking manufacturing companies, which accounted for 35%.
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