30. Januar 2012 
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3.8 million sq m warehouse- and industrial space in Czech Republic
The total stock of modern A-class warehouse and industrial properties in the Czech Republic currently stands at 3.819 million sq m. Approximately 70,900 sq m was completed in Q4 2011. Additionally, more than 117,000 sq m of warehouse space is under construction. These data come from the Czech Industrial Market figures for the fourth quarter of 2011.
Industrial Take-up
In Q4 2011, gross take-up including renegotiations reached 176,500 sq m representing a q-o-q increase of 41% and a y-o-y decrease of 34%. Net take-up, excluding renegotiations, increased by 157% q-o-q and totalled 144,200 sq m (a decrease of 41% y-o-y).
Vacancy
A total of 256,700 sq m of modern warehouse space was vacant at the end of Q4 2011. The vacancy rate decreased for the 8th consecutive quarter to 6.7% from 6.9% in Q3 2011.
Rent
The prime headline rent achieved in the Czech Republic currently stands at 4.50 Euro/sq m/month.
The Industrial Research Forum was established by CBRE, DTZ and Jones Lang LaSalle with the aim to provide clients with consistent, accurate and transparent data about the Czech Republic Industrial Market. Colliers is a new member since January 2012. The members of the Industrial Research Forum share non-sensitive information and believe the establishment of the Industrial Research Forum will enhance the transparency on the Czech Industrial market. Now the Industrial Research forum is pleased to announce the Industrial Market figures for the fourth quarter of 2011.
Definitions:
Total Stock and new supply:
Modern developer-led warehouse and industrial production space of A class quality, owned by a developer or investor for lease to third parties. It does not include owner-occupied stock. New supply includes the above mentioned space completed during the given period.
Take-up:
A gross figure representing total floor space that was let or pre-let over the specified period of time. A property is taken up when the lease or future lease contract is signed. Total take-up includes renegotiations and lease extensions, net take-up excludes these and includes only new leases and expansions of space within existing leases.
Vacancy rate:
Ratio of physically vacant space in completed buildings on the total stock.
Rent:
Prime headline rent for warehouse units of 2,000 – 5,000 sq m.
Industrial Take-up
In Q4 2011, gross take-up including renegotiations reached 176,500 sq m representing a q-o-q increase of 41% and a y-o-y decrease of 34%. Net take-up, excluding renegotiations, increased by 157% q-o-q and totalled 144,200 sq m (a decrease of 41% y-o-y).
Vacancy
A total of 256,700 sq m of modern warehouse space was vacant at the end of Q4 2011. The vacancy rate decreased for the 8th consecutive quarter to 6.7% from 6.9% in Q3 2011.
Rent
The prime headline rent achieved in the Czech Republic currently stands at 4.50 Euro/sq m/month.
The Industrial Research Forum was established by CBRE, DTZ and Jones Lang LaSalle with the aim to provide clients with consistent, accurate and transparent data about the Czech Republic Industrial Market. Colliers is a new member since January 2012. The members of the Industrial Research Forum share non-sensitive information and believe the establishment of the Industrial Research Forum will enhance the transparency on the Czech Industrial market. Now the Industrial Research forum is pleased to announce the Industrial Market figures for the fourth quarter of 2011.
Definitions:
Total Stock and new supply:
Modern developer-led warehouse and industrial production space of A class quality, owned by a developer or investor for lease to third parties. It does not include owner-occupied stock. New supply includes the above mentioned space completed during the given period.
Take-up:
A gross figure representing total floor space that was let or pre-let over the specified period of time. A property is taken up when the lease or future lease contract is signed. Total take-up includes renegotiations and lease extensions, net take-up excludes these and includes only new leases and expansions of space within existing leases.
Vacancy rate:
Ratio of physically vacant space in completed buildings on the total stock.
Rent:
Prime headline rent for warehouse units of 2,000 – 5,000 sq m.
