Industrial Market Czech Republic Q3 2024
11. 11. 2024
Knight Frank Czech Republic presents regular logistics and industrial market update on the Czech real estate market for the thirtd quarter of 2024.
Summary of current data:
In Q3 2024, the total lettable modern warehouse and industrial area reached 12.4 million sq. m. New supply reached 186.900 sq. m.
The vacancy rate increased again to 4.5%.
The current rental range for warehouse and industrial premises was at the level of €4.5 - 7.5 sq. m./month
Gross take-up reached 335.300 sq. m. 39% of which were renegotiations.
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 the property.
We are your partners in property.
Lenka Šindelářová Head of Research and Consultancy lenka.sindelarova@cz.knightfrank.com +420 602 773 592
Pavla Kubíková Senior Researcher pavla.kubikova@cz.knightfrank.com +420 720 028 221
Other tips
10/2024
Czech Investment Market Q3 2024
Although the investment volume was low in the third quarter, we expect a more significat increase in the final months of this year. We assume that some major transactions...
08/2024
Industrial Market Czech Republic Q2 2024
Below you can see a regular quarterly update of logistics and industrial market in the Czech Republic.
08/2024
Prague Office Market Q2 2024
In the second quarter, we recorded a significant increase in takeup, due to the inclusion of the Česká spořitelna headquarters owner occupation deal...