Czech Republic Overview of the Czech warehouse market
Warehouse & industrialschedule 26 January 2024
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Industrial Research Forum has announced industrial market figures for Q4 2023 in the Czech Republic. Decrease in volumes of active construction and rise in Shell-and-Core space reflects current market conditions and possible obstacles in the future.
Currently, we monitor a structural change in demand. The importance of manufacturing companies has been growing with over 40 pct share on take-up throughout 2022-2023, slowdown in demand from e-commerce and 3PL companies is evident in total numbers which is not surprising as these two sectors are quite connected. Prime rents are currently stable, and we expect only a slight inflation-driven increase next year mainly in the case of new leases as renegotiations are under different rental framewo
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