Market activity in Q1 remains on high level with Greater Prague and Pilsen regions being the most attractive areas. Vacancy rate continues on its declining trend with the most demanded areas (D1 highway, Pilsen) being almost without any immediately vacant industrial spaces.

There is a strong assumption that the future development will be more focused on speculative construction – example is already being set by P3’s project in Mstětice city or Mountpark project in Pilsen constructed fully on speculative basis. The best possible leasing conditions for potential clients can be actually found in region Prague-West with its strong supply of industrial properties available immediately.