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Czech Republic : Manufacturing companies dominate demand - Q1 2014

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A research produced by DTZ

Although new supply recorded annual as well as quarterly increases in Q1 2014, almost all projects continue to be delivered pre-leased.

This contributes to a stable vacancy rate that has oscilated around 8% for the last 12 months. We do not expect any significant increases in the vacancy rate until the end of the year. Demand is driven mainly by the manufacturing sector and targeted locations such as Greater Prague, Moravia-Silesia and Plzeň regions. Rental levels remain broadly stable across the various submarkets.

Source : DTZ (Groupe UGL)

Keywords : DTZ