Some 330,000 sqm of logistics and industrial space to be completed this year

Some 330,000 sqm of new logistics and industrial space is expected to be completed this year. Almost two-thirds of them are already pre-leased, according to data from consultancy CBRE. In the second quarter of this year, 180,000 sqm was leased; the market is thus showing a decline in activity after the pandemic boom. Average rents rose 5% annually to €4.90 per sqm per month. The vacancy rate rose to 3.4% and is the highest since the end of 2022.

(teraz.sk)