Vacancy fell below 1% for the first time ever on the Czech industrial sector in the third quarter of 2022. Colliers reports this was despite a bumper crop of new completions. Developers finished off a total of 18 new buildings during the period, adding 511,100 sqm to the stock of modern industrial space. The Czech market now includes 10.65 million square meters of modern stock. “Supply chain issues related to the Covid-19 pandemic and the shortages and increased costs of materials as a result of the war in Ukraine, also contributed to the exceptional Q3 . . .
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