We recommend reading interesting report by Colliers about the 2022 CEE-6 Highlights in the Real Estate. Our summary with focus on industrial sector below:
- 2022 was another good year on the industrial market in terms of demand levels.
- Very low vacancy rate in most CEE counties at <5% (Czech >1%, Poland 3%).
- Rents on industrial markets of all CEE countries have increased, but remain competitive with Western European markets (in Poland base rents went up 20-40% and effective rents 20-50%).
- The war in Ukraine has affected the economic situation of all countries.
- ESG moves from “nice to have” to market standard in all RE market segments as well as tenant sectors.
Source: Colliers