Figures

Slovak Industrial & Logistics Figures Q4 2023

January 26, 2024 5 Minute Read

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The total stock of the A-class industrial and logistics area represents 3,929,627 sq m. By the conclusion of Q4 2023, the overall vacancy rate in Slovakia experienced a minor contraction, settling at 2.64%, indicating a strong demand in the market.

 

In Q4 of 2023, Slovakia's industrial and logistics sector showed strong momentum. Leased space exceeded 192,000 sqm, a notable 29% increase from Q4 of 2022. The take-up accounted for nearly 124,000 sqm of this, while the renegotiation ratio increased a bit to 27%.

 

Prime industrial & logistics rent increased to 5.75 EUR / sq m / month.