Industrial Market Czech Republic Q2 2025
Knight Frank Czech Republic presents the regular logistics and industrial market update on the Czech real estate market for the second quarter of 2025.
Summary of current data:
- In Q2 2025, the total lettable modern warehouse and industrial area exceeded 12.9 million sq m.
- New supply reached 131,200 sq m, the highest volume of new completions was recorded in the Ústí nad Labem Region (45%).
- In total 1.5 million sq m were under construction, with the largest construction taking place in the Karlovy Vary Region (20%).
- The vacancy rate stayed stable at 4.9% in Q2 2025.
- In Q2 2025, the current rental range for warehouse and industrial premises remained unchanged compared to the previous quarter at the level of €4.30 - 7.50 sq m/month.
- In Q2 2025, gross take-up reached 298,400 sq m, 38% of which were renegotiations.
„We’re looking for more
footballers!
Currently,
more than 440,000 sq m of industrial space is available on the market, ready
for
immediate
completion in shell & core standard, which is equivalent to around 62
standard football fields waiting for their team.
This situation
is a direct result of speculative construction without pre-secured tenants.
After
the first half of 2025, demand for industrial real estate can be considered
stable, especially compared to historical trends from 2016 to 2020. Good news
for tenants is that the situation
is
working in their favour as they can now obtain shorter lease terms, reduced
rents, or significant incentives such as rent-free periods
and
contributions for interior fit-outs.
For
requirements over 20,000 sq
m, very attractive leasing packages are currently available."
MARKÉTA
VRBASOVÁ, DIRECTOR,
HEAD OF INDUSTRIAL & LOGISTICS
For more information you can download the report below.
We will be happy to answer any questions you may have about the industrial data or anything else related to our real estate advisory services.
We are your partners in property.
Markéta Vrbasová
Head of Industrial & Logistics
+420 724 325 331
Pavla Kubíková
Senior Researcher
+420 720 028 221
Lenka Šindelářová
Head of Research and Consultancy
+420 602 773 592
