Total industrial demand in Slovakia exhibited robust growth both year-on-year and quarter-on-quarter, climbing to 301,800 sqm, according to the Industrial Research Forum. Net demand, which excludes lease renegotiations, accounted for 100,800 sqm of that figure.
During Q4 2025, 154,300 sqm of new space was delivered to the market. The largest completed industrial building in Q4 2025 was a building in the new Mountpark Bratislava logistics park near Bernolákovo with an area of 65,000 sqm. The second largest project was CTPark Prešov North near Prešov, which brought an additional 33,100 sqm of modern warehouse and production space to the market.
"The macroeconomic situation, particularly developments in Germany and countries that are key export markets for Slovakia, has a direct impact on domestic industry, which is reflected in tenant behaviour, especially in the automotive sector. After a slowdown in activity during most of the year, however, there was a revival of demand at the end of the year, with leasing activity in Q4 alone exceeding the volume recorded in the first three quarters combined," said Patrik Janščo, Head of Industrial Agency at Cushman & Wakefield.
At the end of Q4 2025, construction was underway on 244,900 sqm of industrial space, representing a decrease compared to the same period last year, with 34% of that volume already pre-leased. Most of these projects are scheduled for completion in the first half of 2026. The largest interest in space under construction comes from automotive companies, logistics companies (3PL), and manufacturing enterprises.
Meanwhile, prime rents remained stable at €5.40 per sqm per month, while the vacancy rate tightened to 7.4% compared to the previous quarter, reflecting sustained occupier interest.
