Industrial Pulse Q1 2023
Key market findings
- Jan Bosacky
- Julia Vinczeova
By the end of Q1 2023, the total modern industrial and logistics stock in Slovakia stood at almost 3.95 mil. m2. Western Slovakia (including Greater Bratislava) counts 83% of total stock. Then, ca. 9% of the recorded stock is in Central Slovakia and almost 8% in Eastern Slovakia.
There is almost 200 thousand m2 of new logistic space currently under construction. Approximately 72% out of total under-construction space is already pre-leased.
The biggest developer in Slovakia is CTP with dominant 17.4% of the market share. The TOP 5 further includes P3 with 12.0% share on the second place, Prologis with 11.6% on the third place, followed by CGL with 8.8% and VGP with 6.5%. The rest of developers own less than 5% of the real estate market share.