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2025/Q4 INDUSTRIAL PROPERTY MARKET REPORT - SLOVAK REPUBLIC

Rebound in Demand Driven by a Surge in New Supply

In the fourth quarter of 2025, total leasing activity on the Slovak industrial market strengthened, with net take-up reaching 82,496 sq m, a notable increase compared to the previous quarter. Leasing was predominantly concentrated in Western Slovakia, led by the Senec area (103,933 sq m) and Bratislava North (99,980 sq m), while Bratislava City (27,615 sq m), Trenčín (24,078 sq m) and Košice (15,188 sq m) also recorded significant activity.

The Class A warehouse stock now exceeds 4.83 million sq m, supported by 154,327 sq m of new deliveries. Currently, 244,913 sq m of industrial space is under construction, nearly half of which is being built speculatively, helping to maintain market balance and moderate vacancy, which edged down to 7.40%.

Prime rents remained stable at 5.40/sq m, with increased choice across regions sustaining tenant leverage, while demand in prime hubs continues to support competitive leasing conditions.

2025/Q4 INDUSTRIAL PROPERTY MARKET REPORT - SLOVAK REPUBLIC

Rebound in Demand Driven by a Surge in New Supply