Industrial Research Forum Announces Industrial Market Figures for Q4 2021: Modern industrial stock in the Czech Republic surpassed 9.6 million sq m. Half of the space currently under construction is in the Olomouc, Pilsen and Moravia-Silesia regions. Currently, more than 1,100,000 sq m of A-class warehouse is under construction. In the 4th quarter, almost 480,000 sq m of industrial space was newly leased, surpassing last quarters record-high levels. The vacancy rate dropped by 36 basis points compared to the previous quarter and by 251 basis points compared to Q4 2020. Prague’s average highest achievable rent has again increased to the new level of €6.00 per sq m per month, with a few special offers starting at €7.00 per sq m per month. As of now, prime rents are subject to a further increase in the upcoming months.