The Czech industrial market remained resilient in Q2 2026, supported by stable occupier demand and an active development pipeline. While new completions slowed considerably following an exceptionally strong start to the year, leasing activity remained solid and manufacturing companies emerged as the most active occupier group. Vacancy continued to rise as newly completed space entered the market, while prime rents remained stable in the strongest logistics hubs. The broader economic outlook remains supportive, with industrial production expected to return to growth during the year.
- Gross take-up reached 451,600 sq m, while net take-up totalled 248,400 sq m. Manufacturing companies accounted for 42% of total leasing activity, making them the most active occupier group during the quarter.
- Approximately 144,600 sq m of modern industrial space was completed across ten industrial parks. Total stock expanded to 13.73 million sq m.
- The vacancy rate increased to 5.5%, equivalent to roughly 751,000 sq m of available industrial space.
- Around 1.15 million sq m remained under construction, with the largest share of the development pipeline located in the Ústí nad Labem region, followed by Greater Prague and the Moravia-Silesian region.
- Prime headline rents remained stable at €7.50/sq m/month in Prague and €6.50/sq m/month in Brno. In contrast, Pilsen and Ostrava recorded slight decreases, reflecting higher availability in selected regional markets.
