2025/Q2 INDUSTRIAL PROPERTY MARKET REPORT - SLOVAK REPUBLIC

„In the second quarter, leasing activity experienced a notable decline compared to the same period last year, though we remain optimistic about a potential positive shift over the next six months. Vacancy rose to 6.15%, with shadow vacancy—space offered for sublease—adding a further 3%. Similar to the previous quarter, a significant volume of industrial space is expected to enter the market in the coming months. Contrary to our earlier expectations, demand did not increase, which will likely lead to further rises in vacancy rates. Consequently, we anticipate intensified competition among landlords in the most competitive areas, such as Trnava and Senec Areas , most likely through rent reductions and the offering of more attractive lease terms.„ - Alexandra Pussová, Sales & Data Support Specialist

The total area of ​​premium industrial premises for lease reached  4,635,296 sq m at the end of the second quarter.

77,840 sq m of new industrial premises were delivered to the market.

At the end of the 2nd quarter,  318,565 sq m of industrial premises were under construction.

In Q2/2025 , the vacancy rose to 6.15% representing 77,840 sq m.

Gross demand, including the extension of existing contracts, reached 103,068 sq m, while net take-up was 73,009 sq m.