The offer of industrial real estate is expected to increase by around 10 percent compared to 2017 while demand is expected to rise by 8.3 percent.
The figures stem from a study by CEEC Research which sounded out around 40 companies. Most of the interest in new industrial property comes from foreign based firms.
The study highlights the fact that changes in Czech investment incentives are likely to profoundly shape the industrial real estate market with an emphasis on higher value added production and research and development rather than assembly. Demand for real estate around Brno and in the direction of Vienna is expected to be especially strong.