2025/Q3 INDUSTRIAL PROPERTY MARKET REPORT - SLOVAK REPUBLIC

„In the third quarter of 2025, total leasing activity on the Slovak industrial market reached 64,365 sq m, with net take-up amounting to 50,615 sq m — confirming the ongoing subdued demand and downward trend compared to previous years. Leasing was mainly driven by producers (69.74 %), followed by distributors (30.26 %). The "A" class warehouse stock now exceeds 4.67 million sq m, boosted by 28,000 sq m of new deliveries. There are currently 311,365 sq m of industrial space under construction, nearly half built speculatively, which is expected to further lift vacancy rates and intensify competition. Nevertheless, the prime rent remains stable at 5.4 €/sq m, with greater supply likely to keep rental growth subdued and give tenants more negotiating power in competitive regions like Trnava and Senec, where further incentive offerings and rent reductions are anticipated.„ ,” - Alexandra Pussová, Sales & Data Support Specialist at 108 REAL ESTATE.

The total area of ​​premium industrial premises for lease reached 4, 668,182 sq m at the end of the third quarter.

28,000 sq m of new industrial premises were delivered to the market.

At the end of the 3rd quarter, 311,365 sq m of industrial premises were under construction.

In Q3/2025, the vacancy rose to 7.72% representing 360,300 sq m.

Gross demand, including the extension of existing contracts, reached 64,365 sq m, while net take-up was 50,615 sq m.