Industrial market infographic: Record construction is clearly a positive sign

Jana Čožíková, Associate Industrial Agency at Savills, says: “The high activity of developers and record construction is a positive sign. Not only does it affect the amount of rent for industrial and logistics properties, where we are already seeing a slight year-on-year decrease, but also the vacancy rate, which represents a year-on-year increase. The market’s confidence in new construction creates ideal conditions for the arrival of new tenants, as well as for the possible growth of established companies. This confirms the old rule that “supply creates demand. The quality of tenants across the manufacturing, retail, and logistics sectors is also good news.”

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