CZ agency trio share industrial data

CB Richard Ellis, DTZ and King Sturge have banded together in the Czech Republic to share data on the industrial market. They’re sharing it with the public as well, beginning with Q1 2010 results:

-total stock of A class warehouse space in the Czech Republic is 3.36 million sqm, of which 44% is in the Greater Prague area (this excludes owner-occupied stock)

-69,000 sqm was under construction in Q1 2010. No new supply hit the market

-567,000 sqm of space was vacant in Q1, a rate of 16.9%

-take-up including renegotiations totalled 158,000 for Q1. Without them it was 109,000 sqm


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