MARKET STATISTICS

Market statistics provide the basic overview of the development in the market for prime A-class industrial property in the Czech Republic and Central and Eastern European countries.
We monitor all existing and future development projects, their success, and market position. The principal indicators measuring this development include:

TAKE-UP
The amount of industrial space (sq m) leased during a certain period of time and handed over to the tenant.
Net Take up includes: new leases, renewals, expansions,pre-lease.
Gross Take up includes: new deals and expansions.

NEW SUPPLY
The amount of newly built and permitted industrial space (sq m) during a certain period of time in a particular region.

VACANCY RATE
The ratio of vacant industrial space available for immediate lease and the total stock (vacant space / total stock).

TOTAL STOCK 
The total modern industrial space (sq m) available for lease in a particular region.


OTHER DEFINITIONS:

PRIME HEADLINE RENT
The market rent of A-class industrial space in the best locations in industrial areas monitored for units of approximately 5,000 m2 and assuming a five-year lease.

EFFECTIVE RENT
Average base rent during lease period after deduction of incentives provided by the lessor to the lessee.

NET ABSORPTION
The change in occupancy of A-class industrial spaces between consecutive periods, i.e. this ignores lease renewals and extensions.

SPACE  UNDER CONSTRUCTION
A-class industrial spaces for rent that are under construction as at a specific time.


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