The industrial stock in the Czech Republic reached 13.28 million sqm by the end of 2025, according to the Industrial Research Forum. Gross take-up jumped to 642,000 sqm in Q4, with annual volumes reaching nearly 2.1 million sqm.
Meanwhile, net demand for the entire year reached 1.23 million sqm, representing the third-highest level ever recorded on the Czech market.
At the end of Q4 2025, 1.25 million sqm of industrial space was under construction, remaining in line with the previous quarter, with one-third expected to be delivered in Q1 2026. The vacancy rate reached 4.8%, up by 101 basis points year on year. Prague's rent remained stable for the fifth consecutive quarter, standing at €7.00-€7.50 per sqm per month.
Jan Hrivnacky, Head of Industrial Leasing at CBRE, comments: "Contrary to expectations, demand continued to be driven primarily by manufacturing companies, many linked to the automotive sector. At the same time, we observed a recovery in demand from retailers and the e-commerce segment — a trend we expect to continue throughout this year."
In Q4 2025, 229,000 sqm of new warehousing space was delivered to the market across 11 industrial parks, representing a 75% increase compared to the previous quarter. The largest new completion this quarter was Industrial Park Nymburk (40,000 sqm), which was fully leased to Linde Wiemann. For the whole year, almost 813,500 sqm were newly delivered to the market, representing a 53% increase compared to 2024 volumes.
The share of speculative construction decreased quarter on quarter to 27%. In Q4 2025, construction started on approximately 217,500 sqm of modern industrial space, only 11% of which was on a speculative basis. Net take-up in Q4 2025 amounted to 371,500 sqm. The largest new transaction this quarter was by a distribution company in Panattoni Park Most Joseph, where it leased 51,900 sqm.
