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.
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Markéta Vrbasová Head of Industrial & Logistics marketa.vrbasova@cz.knightfrank.com +420 724 325 331
Pavla Kubíková Senior Researcher pavla.kubikova@cz.knightfrank.com +420 720 028 221
Lenka Šindelářová Head of Research and Consultancy lenka.sindelarova@cz.knightfrank.com +420 602 773 592