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Czech industrial vacancies to fall further - C&W
Czech industrial property is gradually reviving. Cushman & Wakefield predicts vacancy rates should shrink further in 2011 after dropping to 10.6% last year from 15% in 2009 on high demand and low supply. Speculative construction will return in high-profile locations, though most projects will still be pre-leased, and rents could rise in low-vacancy regions.