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The industrial vacancy rate is at a record low. Colliers is seeking a tenant for Rudna industrial park within Greater Prague

In the last two years, the Czech market has maintained a record industrial vacancy rate, which will not change in the foreseeable future. Colliers has just received an exclusive mandate from the developer Prologis to find a tenant for one of the last available vacancies in Rudná near Prague, from which the current tenant Sportisimo will move next June.

 

PRAGUE, SEPTEMBER 20, 2021 – The Industrial agency of Colliers Czech Republic received an exclusive mandate from the development company Prologis to find a suitable tenant for the industrial premises in Rudná near Prague. There are currently only eight vacant industrial spaces available ready for immediate occupancy within the area of Greater Prague.

The vacancy rate on the market is still decreasing, in Prague the vacancy rate dropped to 1.4% in the second quarter of 2021, which is a record number.

 

Currently, according to Colliers data from the second quarter of 2021, there only eight industrial parks within the Greater Prague ready to move in immediately. There are free industrial spaces over 1,000 m2 located in six parks and spaces over 5,000 sqm are available immediately only in three parks.

 

There are still free Industrial and logistic spaces available in 36 parks throughout the country, of which there is over 5,000 sqm in 15 parks, and over 10,000 sqm available in nine parks.

 

The situation will probably not change until at least the end of the year, the first half of the year has showed the demand for industrial premises stayed in the record numbers. There is development under construction, but speculative construction has only a small share. Developers usually wait for the lease to be signed before completing the premises. It is expected that rents will also increase, especially in Prague.

The premises of the Prologis Rudná industrial park are currently used by the company Sportisimo, which will move from there to Ostrava next year. The 24,000 square meters of space in the two buildings will thus be ready for the new tenant to move in immediately, which is a real advantage given the current situation on the Prague market.

 

The park in Rudná is suitable for production, logistics and e-commerce, which has recently also grown at a record pace in the Czech Republic, especially one of the park's buildings (DC15), which has mezzanine space available.

 

The park has many facilities, such as an operating canteen, a customs office, bus stops, a functioning shuttle system and parking for staff. Rudná has a convenient location with its direct connection to Prague by the D5 motorway.


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Miroslav Kotek

Director | Industrial Agency

Prague

Miroslav joined Colliers in December 2018 as a Director in the Industrial Agency. Throughout almost two decades working in the industrial real estate sector in both the Czech and Slovak Republics, Miroslav has built up strong relationships with the most active players in the region, such as CTP, Prologis, P3, VGP, Panattoni, ILD, Segro, Redstone and others. Miroslav first worked with CzechInvest as Head of Business Properties Promotion Department, and later with Jones Lang LaSalle as Associate Director in the industrial team.

 

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Lucie Stryckova

Associate | Industrial Agency

Prague

My strong organizational skills and structured work approach were beneficial in American Express where I was responsible for various booking and ticketing activities, holding key client accounts which I was entirely responsible for. Prior to that I also worked for CSA – Czech Airlines dealing with airline bookings and ticketing processes. After American Express I joined JLL as the new Office Manager and a Personal Assistant to the MD, being responsible for organizing the MD’s daily activities and tasks and responsible for the overall daily operational functions and activities of the office, reporting to both the MD and the CFO. I was interested in entering the transactional business and moved on to join the Industrial team at JLL as a Junior Consultant in October 2017 till August 2018, before joining Colliers. In my new position I was responsible for acquiring new potential clients and leads and managing the on-line database of industrial stock across the Czech Republic.

 

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