The warehouse and industrial real estate market in the Czech Republic in 2026: what are rents like and where to find available space

According to data from Colliers, from the end of Q2 2026, the total area of modern industrial and logistics space in the Czech Republic reached 13.7 million m². Rents remain stable in most regions, developers continue to build and the supply of available space is expanding.

Key figures for Q2 2026 at a glance:

•        Total area of modern warehouses and industrial facilities: 13.7 million m²

•        Vacancy rate: 5.5 percent, or approximately 753,400 m² of immediately available space

•        Prime rent in Prague and the surrounding area: 7.00 to 7.50 euros/m² per month

•        Prime yield for premium industrial properties: 5 percent

•        Under construction: approximately 1.48 million m², of which 43 percent is speculative

How much does it cost to rent a warehouse in the Czech Republic today?

Prime rent is the highest achievable rent for top-quality warehouses in a given location.

•        In Prague and the surrounding area, prime rent has remained at 7.00 to 7.50 euros/m² per month for several consecutive quarters.

•        In the Moravian-Silesian and Pilsen regions, vacancy rates are rising faster and the supply of space is higher. As a result, owners are offering more competitive terms and prices there are slowly trending downward.

•        Property owners typically add extra charges to warehouse rent: rent for mezzanine office space inside the warehouse ranges from 9.50 to 12.50 euros/m² per month, and service charges amount to approximately 0.75 to 1.00 euros/m² per month.

•        For investors, the key indicator is the prime yield: the annual return on state-of-the-art buildings in the most sought-after locations. In Q2 2026, it remained at 5 percent for premium industrial and logistics properties.

Why is the vacancy rate for industrial real estate rising?

The vacancy rate represents the proportion of immediately available (unoccupied) space relative to the total market area.

•        At the end of Q3 2025, the vacancy rate stood at just under 4 percent; by the end of Q2 2026, it had already reached 5.5 percent.

•        This represents approximately 753,400 m² of immediately available space: the highest level since Q3 2015. At that time, however, the entire market was roughly half its current size.

•        The rise in vacancy rates is primarily driven by the completion of speculative construction, meaning warehouses built without a tenant having been secured in advance.

Where is there available capacity today, and how many new warehouses are still to be built?

•        Approximately 1.48 million m² is currently under construction, 43 percent of which is being built speculatively by developers.

•        An additional 2.72 million m² has been approved and is awaiting the start of construction.

•        Approximately 2.5 million m² is going through various stages of the permitting process.

•        The total potential future supply thus exceeds 5.2 million m².

•        Most construction is taking place in Prague and the Central Bohemian Region, and the Ústí Region is also very active. According to Josef Stanko, Director of Market Research at Colliers, CTP Invest is clearly the most active developer, accounting for roughly 44 percent of all ongoing construction.

How much space have companies leased in the Czech Republic?

•        Gross take-up reached approximately 460,000 m² in Q2 2026: close to the five-year average.

•        Net take-up, which excludes lease renewals, renegotiations and subleases, totaled approximately 256,800 m²: a 45 percent increase year-on-year.

•        Existing properties accounted for 56 percent of the total volume, with newly completed projects making up the remainder.

•        In the first half of 2026, approximately 446,200 m² of new space entered the market: a 2.5 percent year-on-year decrease. Developers concentrated 69 percent of the new supply in Prague and the Central Bohemian Region.

Where can you find cheaper warehouse rentals outside Prague?

Businesses looking for lower rental rates can head to areas along newly constructed highway routes. By the end of the decade, over 300 kilometers of new expressways are set to be built in the Czech Republic, including the D52 highway, the D3 between Prague and Linz, and the northern section of the D0 Prague Ring Road. As a result, cities such as Olomouc, Jihlava and Liberec have attracted developers’ interest, and České Budějovice and Litomyšl will join them in the coming years. Indicative rental rates in these locations range from 5.40 to 5.90 euros/m² per month: significantly lower than in Prague.

“New hubs don’t emerge by chance; they follow the development of transportation infrastructure. As soon as travel times are reduced and connections to major routes improve, a region immediately becomes attractive to both investors and manufacturers,” comments Desanka Timkovská of Colliers.

What are small business units and why is interest in them growing?

Small business units (SBUs) are smaller multifunctional units ranging in size from approximately 300 to 1,000 m², combining warehouse space, a showroom, offices and operational facilities.

•        They are primarily sought after by companies in e-commerce, urban logistics, light manufacturing and retail.

•        Demand for these units has nearly doubled in two years, rising from just under 20,000 m² in 2023.

•        Supply remains limited due to developers’ long-term focus on building large warehouses.

How are companies’ requirements for modern warehouses changing?

Today, in addition to a facility’s technical specifications, companies are increasingly focusing on transportation accessibility for employees and the quality of the work environment. Modern warehouse parks therefore offer cafeterias, coffee shops, sports facilities and childcare centers: much like office campuses.

If you want to ensure that your warehouses meet all expectations and support your growth, turn to professionals for support. Colliers’ experts in the Czech Republic have already provided comprehensive services for warehouse leases in hundreds of cases and would be happy to help you as well. You can contact them here.

About the author: Josef Stanko, Director of Market Research at Colliers