Czech Industrial Market Q3 2026: Vacancy Falls as New Supply Expands
The Czech industrial market recorded 455,000 sqm of gross take-up in Q3 2026. New supply reached 270,000 sqm, taking total modern industrial stock to 14.0 million sqm, while vacancy declined to 5.3%. Occupier demand remained selective, but 100% pre-leasing of Q3 completions signalled continued market confidence in the sector.
Leasing Activity Reaches 455,000 sqm
Gross take-up totalled 455,000 sqm during the quarter. At the same time, the vacancy rate declined to 5.3%. The report describes occupier demand as selective, with leasing activity continuing alongside a lower level of available space.
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New Supply Fully Pre-leased
Developers completed 270,000 sqm of new industrial space in Q3 2026. This brought the Czech Republic’s modern industrial inventory to 14.0 million sqm. All space completed during the quarter was pre-leased, even as new supply increased the overall stock.
Prime Rent at EUR 7.25/sqm/month
Prime rent in top locations stood at EUR 7.25/sqm/month in Q3 2026. Together with a 5.3% vacancy rate, 455,000 sqm of gross take-up and fully pre-leased quarterly completions, the figure forms part of a market picture defined by selective occupier demand and continued confidence.
Looking into Q4, the report highlights three signals to monitor: selective occupier demand, the declining vacancy rate and the absorption of new supply. The market closed Q3 with 14.0 million sqm of modern industrial stock and all 270,000 sqm of quarterly completions already pre-leased.
Head of Industrial
Head of Research
