Slovakia's industrial property market experienced a strong rebound in Q4 2025, with net take-up reaching 82,496 sqm, marking a notable increase from the previous quarter, according to a report by 108 Real Estate. The improved absorption was supported by the completion of several large-scale projects, enabling tenants to secure space within newly delivered premises.
The total stock of A-class industrial premises reached around 4.8 million sqm by year-end, with over 154,000 sqm of new industrial premises delivered to the market in Q4. Currently, 244,913 sqm of industrial space remains under construction, with a significant share being developed speculatively.
"In Q4 2025, we recorded strengthening of leasing activity. Demand was concentrated mainly in Western Slovakia, particularly in the Senec area and Bratislava. Despite the high volume of completed projects, the market is gradually stabilising and the vacancy rate has slightly declined," says Ľuboš Búžik, Sales & Data Support Specialist at 108 Real Estate.
Leasing activity was concentrated in Western Slovakia, led by the Senec area with 103,933 sqm and Bratislava North with 99,980 sqm. Bratislava City recorded 27,615 sqm, while Trenčín and Košice also saw activity with 24,078 sqm and 15,188 sqm respectively. In terms of tenant structure, 3PL companies accounted for 33% of activity and retail represented 30%, together making up over 60% of total take-up.
The vacancy rate declined to 7.4% in Q4 from 7.72% in Q3, reflecting absorption in Eastern Slovakia and Greater Bratislava, while Central Slovakia remained oversupplied at 9.82%. Prime rents remained stable at €5.40 per sqm, with tenants benefiting from a broader choice of units and continued negotiating power, particularly in secondary locations.
