2025/Q4 INDUSTRIAL PROPERTY MARKET REPORT - SLOVAK REPUBLIC

"In the fourth quarter of 2025, total leasing activity on the Slovak industrial market strengthened, with net take-up reaching 82,496 sqm, a notable increase compared to the previous quarter. Leasing activity was predominantly concentrated in Western Slovakia, led by the Senec area (103,933 sqm) and Bratislava North (99,980 sqm). Significant activity was also recorded in Bratislava City (27,615 sqm), Trenčín (24,078 sqm), and Košice (15,188 sqm). The Class A warehouse stock has now exceeded 4.83 million sqm, supported by 154,327 sqm of new deliveries. Currently, 244,913 sqm of industrial space is under construction, nearly half of which is being built on a speculative basis. This continues to support market balance and helps moderate vacancy, which edged down to 7.40%. Prime rents remained stable at €5.40/sqm, while increased availability across regions sustained tenant leverage. At the same time, demand in prime hubs continues to support competitive leasing conditions." - Ľuboš Búžik, Sales & Data Support Specialist at 108 REAL ESTATE.

The total area of ​​premium industrial premises for lease reached 4,836,728 sq m at the end of the fourth quarter.

154,327 sq m of new industrial premises were delivered to the market.

At the end of the 4th quarter, 244,913 sq m of industrial premises were under construction.

In Q4/2025, the vacancy rose to 7.4 % representing 357,967 sq m.

Gross demand, including the extension of existing contracts, reached 312,760 sq m, while net take-up was 82,496 sq m.