The Czech industrial market reached a total stock of 13.78 million sqm in Q2 2026, with 189,600 sqm of new warehousing space delivered across 10 industrial parks — a 37% decrease quarter-on-quarter and 21% year-on-year. The largest completed project was CTPark Brno Líšeň (45,000 sqm), followed by EQT Exeter Park Prague D8 Lužec (44,200 sqm), both delivered speculatively, and Aventin Business Park Dyje (24,500 sqm), which was fully leased upon completion.
At the end of Q2 2026, 1,107,300 sqm of warehouse and manufacturing space was under construction, down 4% quarter-on-quarter and 11% year-on-year. Prague and Central Bohemia accounted for 26% of the pipeline, followed by the Ústí nad Labem region with 23%. The share of speculative construction fell from 36% to 26%, and new construction starts in the quarter totalled just 62,400 sqm, of which approximately 46% was speculative.
Gross take-up (including renegotiations) reached 451,600 sqm in Q2 2026, up 9% quarter-on-quarter and 45% year-on-year. Renegotiations accounted for 45% of gross take-up, down from 53% in Q1. Net take-up reached 248,400 sqm, increasing 32% quarter-on-quarter and 40% year-on-year. The largest transaction was a renegotiation of 41,800 sqm at Prologis Park Prague Airport by a fashion retail distributor, followed by a 30,500 sqm pre-lease at CTPark Žatec by an automotive manufacturer, and a 30,200 sqm pre-lease at Panattoni Business Park Kladno I by an e-commerce company.
The vacancy rate rose to 5.8% at the end of Q2 2026, up 110 basis points quarter-on-quarter and 98 basis points year-on-year, with approximately 796,000 sqm available for immediate occupancy. Vacancy in Prague and the Central Bohemian Region reached 4.4%. "The volume of vacant space is increasing, creating opportunities for tenants to renegotiate lease terms or relocate to locations offering more favourable conditions. This trend is particularly evident in the Pilsen and Ostrava regions, where pressure on leasing conditions is especially pronounced," said Jiří Kristek, Head of Occupier Services Czech Republic at Cushman & Wakefield. Prime headline rents remained stable at €7.00–€7.50 per sqm/month, with city logistics rents in Prague at €8.25–€10.00 per sqm/month and rents outside Prague at €5.50–€6.60 per sqm/month.
Kristek noted that demand continues to be driven by manufacturing companies consolidating operations or relocating production, with labour availability a key concern pushing occupiers towards regions with better access to a qualified workforce. The Industrial Research Forum — whose members are CBRE, Colliers, Cushman & Wakefield, and iO Partners — was established in 2010 to provide consistent and transparent data on the Czech industrial real estate market.
