• Stock of “A” class industrial premises for lease reached 9,780,667 sq m and with current project pipeline we expect that 10 mil. mark will be reached in Q2/2022. 142,130 sq m were delivered to the market. Q4 performed the best in the total amount of completed premises, but overall year 2021 underperforms in comparison to 2020.

• There are currently 803,087 sq m in construction. With each quarter the pipeline of projects currently in construcion rises as supply is trying to meet demand. Largest project currently in construction is Panattoni park Kojetín for Amazon.

• Vacancy rate dropped to a historical low of 1.63 % with only 159,415 sq m available on the market. Almost two thirds are in the Moravian-Silesian region. If we do not count shell and core premises vacancy rate dropped to only 0.7 %!

• Rising rents, almost no available premises and increased competitive business environment amplified by pandemic and subsequent fight for customers combined with ongoing lack of employees are defining current industrial business climate in the Czech Republic.