HUNGARY
SERBIA
ROMANIA
BULGARIA
POLAND
SLOVAKIA
CZECH
REPUBLIC
RU
BY
UA
RU
MD
MK
ME
BA
CROATIA
SL
AUSTRIA
GERMANY
NL
BE
LU
FR
CH
ITALY
INDUSTRIAL SPACE
5.50
EUR/sq m/month
7.10
%
0.20
million sq m
1.74
million sq m
1.40
MILLION INHABITANTS
gdansk
5.75
EUR/sq m/month
8.20
%
3.42
million sq m
36.03
million sq m
37.54
MILLION INHABITANTS
POLAND
Gdansk
SZCZECIN
POZNAN
ZIELONA GÓRA
WROCLAW
KATOWICE
KRAKOW
LUBLIN
WARSAW
ŁÓDZ
HOVER ON THE LEGEND BELOW TO COMPARE EACH CITY
Prime Rent (EUR/sq m/month) h1 2025
Vacancy Rate** (%) h1 2025
Net Take-Up** (million sq m) 2024
Total Stock (million sq m) h1 2025
Population* (million inhabitants) h1 2025
Take-Up stands for Net Take-Up. However, the Gross Take-up is reported for Italy, and the figure includes new lease, pre-leases, sub-leases, owner occupation, and expansions for Germany.
**
Population figures provided for Metropolitan areas in focus.
*
LEGEND
5.59
EUR/sq m/month rent
5.76
% vacancy
6.14
million sq m net take-up
73.48
million sq m STOCK
95.70
MILLION INHABITANTS
Central Europe (PL, CZ, SK, HU, RO, RS, BG)
Austria, Bulgaria, CROATIA, Czech Republic, Germany, Hungary, Italy, Poland, Romania, SERBIA, Slovakia
contact
market data
7.10
EUR/sq m/month
N/A
%
0.18
million sq m
8.26
million sq m
9.17
MILION INHABITANTS
AUSTRIA (AT)
UK
IRE
SPN
1.40
0.89
1.26
3.28
0.97
1.04
0.70
1.32
2.12
1.58
POLAND
Prime Rent (EUR/sq m/month) h1 2025
Vacancy Rate** (%) h1 2025
Net Take-Up** (million sq m) 2024
Total Stock (million sq m) h1 2025
Population* (million inhabitants) h1 2025
LEGEND
1.40
0.89
1.26
3.26
0.98
1.05
0.70
1.31
2.14
1.57
1.40
0.89
1.26
3.26
0.98
1.05
0.70
1.31
2.14
1.57
1.40
0.89
1.26
3.26
0.98
1.05
0.70
1.31
2.14
1.57
1.40
0.89
1.26
3.26
0.98
1.05
0.70
1.31
2.14
1.57
1.40
0.89
1.26
3.26
0.98
1.05
0.70
1.31
2.14
1.57
PRT
LT
SE
NO
EE
AL
GR
DK
TR
5.6
EUR/sq m/month
1.80
%
0.21
million sq m
2.31
million sq m
6.93
MILION INHABITANTS
BULGARIA (BG)
5.75
EUR/sq m/month
2.50
%
0.15
million sq m
2.32
million sq m
3.87
MILION INHABITANTS
CROATIA (HR)
7.5
EUR/sq m/month
4.00
%
0.87
million sq m
12.68
million sq m
10.6
MILION INHABITANTS
CZECH REPUBLIC (CZ)
5.75
EUR/sq m/month
8.20
%
3.42
million sq m
36.03
million sq m
37.54
MILION INHABITANTS
POLAND (PL)
5.58
EUR/sq m/month
5.10
%
2.22
million sq m
25.99
million sq m
58.89
MILION INHABITANTS
ITALY (IT)
5.7
EUR/sq m/month
12.50%
%
0.51
million sq m
5.84
million sq m
9.74
MILION INHABITANTS
HUNGARY (HU)
10.80
EUR/sq m/month
n/a
%
5.37
million sq m
n/a
million sq m
85.01
MILION INHABITANTS
GERMANY (DE)
5.5
EUR/sq m/month
4.30
%
0.39
million sq m
4.63
million sq m
5.44
MILION INHABITANTS
SLOVAKIA (SK)
4.75
EUR/sq m/month
3.50
%
0.21
million sq m
6.90
million sq m
6.69
MILION INHABITANTS
Serbia (RS)
4.7
EUR/sq m/month
5.80
%
0.53
million sq m
7.75
million sq m
19.08
MILION INHABITANTS
ROMANIA (RO)
CONTACT
Jiri Kristek
Partner
Head of Industrial
and Retail Warehousing
jiri.kristek@cushwake.com
+420 602 248 930
Marie BalACovA
Partner
Head of Business Development Services, CEE+Nordics
marie.balacova@cushwake.com +420 605 440 693
CLICK ON THE HIGHLIGHTED COUNTRIES BELOW TO FIND OUT MORE
Take-Up** (million sq m) h1 2025
0.29
million sq m
4.90
EUR/sq m/month
2.80
%
0.11
million sq m
0.17
million sq m
1.24
million sq m
0.89
MILLION INHABITANTS
Szczecin
4.50
EUR/sq m/month
19.00
%
0.04
million sq m
0.07
million sq m
1.68
million sq m
0.97
MILLION INHABITANTS
ZIELONA GORA
4.50
EUR/sq m/month
7.00
%
0.33
million sq m
0.58
million sq m
3.63
million sQ m
1.26
MILLION INHABITANTS
Poznan
4.60
EUR/sq m/month
9.60
%
0.47
million sq m
0.90
million sq m
4.89
million sq m
1.32
MILLION INHABITANTS
WROCLAW
5.25
EUR/sq m/month
5.40
%
0.85
million sq m
1.39
million sq m
7.00
million sq m
3.28
MILLION INHABITANTS
WARSAW
4.50
EUR/sq m/month
9.70
%
0.49
million sq m
0.99
million sq m
4.89
million sq m
1.04
MILLION INHABITANTS
ŁÓDZ
4.50
EUR/sq m/month
12.50
%
0.74
million sq m
0.74
million sq m
0.45
million sq m
0.70
MILLION INHABITANTS
LUBLIN
5.50
EUR/sq m/month
3.00
%
0.11
million sq m
0.18
million sq m
1.18
million sq m
1.58
MILLION INHABITANTS
KRAKOW
5.50
EUR/sq m/month
5.80
%
0.46
million sq m
0.85
million sq m
5.75
million sq m
2.12
MILLION INHABITANTS
KATOWICE
7.00
4.89
0.45
1.18
5.75
4.89
1.68
3.63
1.24
1.74
1.39
0.99
0.74
0.18
0.85
0.90
0.07
0.58
0.17
0.29
0.85
0.49
0.74
0.11
0.46
0.47
0.04
0.33
0.11
0.20
5.40
9.70
12.50
3.00
5.80
9.60
19.00
7.00
2.80
7.10
5.25
4.50
4.50
5.50
5.50
4.60
4.50
4.50
4.90
5.50
5.70
EUR/sq m/month
6.60
%
0.17
million sq m
0.23
million sq m
1.23
million sq m
1.19
MILION INHABITANTS
Ostrava
6.50
EUR/sq m/month
%
0.13
million sq m
0.20
million sq m
1.50
million sq m
1.22
MILION INHABITANTS
Brno
6.00
EUR/sq m/month
2.40
%
0.11
million sq m
0.19
million sq m
1.82
million sq m
0.61
MILION INHABITANTS
Pilsen
7.50
EUR/sq m/month
2.60
%
0.17
million sq m
0.43
million sq m
3.54
million sq m
2.83
MILION INHABITANTS
Prague
7.5
EUR/sq m/month
4.00
%
0.87
million sq m
12.68
million sq m
10.6
MILION INHABITANTS
Czech Republic
BRNO
PLZEŇ
OSTRAVA
Prague
CZECH REPUBLIC
1.22
0.61
1.19
2.83
1.23
1.50
1.82
3.54
0.23
0.20
0.19
0.43
0.17
0.13
0.11
0.17
6.60
1.90
2.40
2.60
5.70
6.50
6.00
7.50
5.5
EUR/sq m/month
4.3
%
0.39
million sq m
4.63
million sq m
5.44
MILLION INHABITANTS
Slovakia
Eastern Slovakia
Central Slovakia
Western Slovakia
Bratislava
Slovakia
1.59
1.31
1.81
0.73
5.2
EUR/sq m/month
0
%
0.12
million sq m
0.12
million sq m
0.37
million sq m
1.59
MILLION INHABITANTS
Eastern Slovakia
5.2
EUR/sq m/month
8
%
0.06
million sq m
0.06
million sq m
0.48
million sq m
1.31
MILLION INHABITANTS
Central Slovakia
5.2
EUR/sq m/month
4.6
%
0.07
million sq m
0.16
million sq m
1.75
million sq m
1.81
MILLION INHABITANTS
Western Slovakia
5.35
EUR/sq m/month
4
%
0.16
million sq m
0.3
million sq m
1.8
million sq m
0.73
MILLION INHABITANTS
Bratislava
0.37
0.48
1.75
1.8
0.12
0.06
0.16
0.3
0.12
0.06
0.07
0.16
0
8
4.6
4
5.2
5.2
5.2
5.35
5.50
EUR/sq m/month
7.7
%
0.57
million sq m
1.44
million sq m
6.49
million sq m
0.20
MILION INHABITANTS
KECSKEMÉT
5.50
EUR/sq m/month
10.2
%
0.30
million sq m
0.60
million sq m
4.51
million sq m
0.26
MILION INHABITANTS
GYÖR
5.70
EUR/sq m/month
8.6
%
0.06
million sq m
0.07
million sq m
0.42
million sq m
0.31
MILION INHABITANTS
MISKOLC
5.70
EUR/sq m/month
2.2
%
0.17
million sq m
0.24
million sq m
1.04
million sq m
0.34
MILION INHABITANTS
DEBRECEN
5.70
EUR/sq m/month
7.90
%
0.37
million sq m
0.61
million sq m
3.75
million sq m
3.09
MILION INHABITANTS
BUDAPEST
5.7
EUR/sq m/month
12.50
%
0.51
million sq m
5.84
million sq m
9.74
MILION INHABITANTS
HUNGARY
KECSKEMÉT
GYÖR
MISKOLC
DEBRECEN
BUDAPEST
HUNGARY
1.31
0.98
1.26
0.89
3.75
0.20
0.26
0.31
0.34
3.09
1.31
0.98
1.26
0.89
0.61
1.31
0.98
1.26
0.89
0.37
1.31
0.98
1.26
0.89
7.90
5.50
5.50
5.70
5.70
5.70
4.70
EUR/sq m/month
5.80
%
0.53
million sq m
7.75
million sq m
19.08
MILION INHABITANTS
ROMANIA
ROMANIA
4.65
EUR/sq m/month
4.00
%
0.02
million sq m
0.02
million sq m
0.43
million sq m
0.69
MILLION INHABITANTS
Cluj-Napoca
4.30
EUR/sq m/month
1.40
%
0.01
million sq m
0.03
million sq m
0.56
million sq m
0.69
MILLION INHABITANTS
PLOIESTI
4.20
EUR/sq m/month
10.50
%
0.01
million sq m
0.09
million sq m
0.80
million sq m
0.66
MILLION INHABITANTS
Timisoara
4.70
EUR/sq m/month
5.50
%
0.33
million sq m
0.48
million sq m
3.62
million sq m
2.31
MILLION INHABITANTS
Bucuresti
Cluj-Napoca
PLOIESTI
Timisoara
Bucuresti
0.69
0.69
0.66
2.31
0.43
0.56
0.80
3.62
0.02
0.03
0.09
0.48
0.02
0.01
0.01
0.33
4.00
1.40
10.50
5.50
4.65
4.30
4.20
4.70
5.25
EUR/sq m/month
5.0
%
0.16
million sq m
0.16
million sq m
3.1
million sq m
1.68
MILLION INHABITANTS
Belgrade
4.75
EUR/sq m/month
3.5
%
0.21
million sq m
6.9
million sq m
6.69
MILION INHABITANTS
SERBIA
Belgrade
SERBIA
4.65
4.30
4.30
4.70
4.3
1.1
10.3
5.4
0.02
0.03
0.06
0.29
0.02
0.03
0.12
0.49
0.42
0.42
0.74
3.48
0.70
0.70
0.69
2.31
5.40
EUR/sq m/month
1.60
%
0.21
million sq m
0.24
million sq m
2.23
million sq m
1.62
MILLION INHABITANTS
SOFIA
5.6
EUR/sq m/month
1.80
%
0.21
million sq m
2.31
million sq m
6.93
MILION INHABITANTS
BULGARIA
SOFIA
BULGARIA
4.65
4.30
4.30
4.70
4.3
1.1
10.3
5.4
0.02
0.03
0.06
0.29
0.02
0.03
0.12
0.49
0.42
0.42
0.74
3.48
0.70
0.70
0.69
2.31
Prime Rent (EUR/sq m/month) H1 2025
Vacancy Rate** (%) H1 2025
Net Take-Up** (million sq m) 2024
Take-Up** (million sq m) H1 2025
Total Stock (million sq m) H1 2025
Population* (million inhabitants) H1 2025
HOVER ON THE LEGEND BELOW TO COMPARE EACH CITY
LEGEND
10.8
EUR/sq m/month
N/A
%
0.21
million sq m
N/A
million sq m
N.A
million sq m
3.01
MILLION INHABITANTS
MUNICH
8.1
EUR/sq m/month
N/A
%
0.25
million sq m
N/A
million sq m
N/A
million sq m
3.46
MILLION INHABITANTS
HAMBURG
8.6
EUR/sq m/month
N/A
%
0.41
million sq m
N/A
million sq m
N/A
million sq m
2.81
MILLION INHABITANTS
FRANKFURT
8
EUR/sq m/month
N/A
%
0.24
million sq m
N/A
million sq m
N/A
million sq m
1.58
MILLION INHABITANTS
DÜSSELDORF
7.2
EUR/sq m/month
N/A
%
0.28
million sq m
N/A
million sq m
N/A
million sq m
5.53
MILLION INHABITANTS
Berlin
10.8
EUR/sq m/month
N/A
%
5.37
million sq m
N/A
million sq m
85.01
MILLION INHABITANTS
GERMANY
Munich
Hamburg
Frankfurt
Düsseldorf
Berlin
GERMANY
10.8
8.1
8.6
8
7.2
0.21
0.25
0.41
0.24
0.28
N/A
N/A
N/A
N/A
N/A
3.01
3.46
2.81
1.58
5.53
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
5.42
EUR/sq m/month
4.8
%
0.03
million sq m
0.39
million sq m
4.28
million sq m
1.01
MILLION INHABITANTS
BOLOGNA (EMILIA ROMAGNA)
5.58
EUR/sq m/month
4
%
0.06
million sq m
0.32
million sq m
4.26
million sq m
4.21
MILLION INHABITANTS
ROME (LAZIO)
5.58
EUR/sq m/month
3.4
%
0.29
million sq m
0.6
million sq m
11.09
million sq m
4.31
MILLION INHABITANTS
MILAN (LOMBARDY)
5.58
EUR/sq m/month
5.1
%
2.22
million sq m
25.99
million sq m
58.89
MILLION INHABITANTS
ITALY
BOLOGNA (EMILIA ROMAGNA)
ROME (LAZIO)
MILAN (LOMBARDY)
ITALY
1.01
4.22
4.31
4.28
4.26
11.09
0.39
0.32
0.6
1.01
4.22
4.32
4.8
4
3.4
5.42
5.58
5.58
N/A
EUR/sq m/month
N/A
%
N/A
million sq m
N/A
million sq m
N/A
million sq m
0.66
MILLION INHABITANTS
GRAZ
N/A
EUR/sq m/month
N/A
%
N/A
million sq m
N/A
million sq m
N/A
million sq m
0.83
MILLION INHABITANTS
LINZ
7.1
EUR/sq m/month
N/A
%
0.14
million sq m
N/A
million sq m
8.26
million sq m
2.98
MILLION INHABITANTS
VIENNA
7.1
EUR/sq m/month
n/a
%
0.18
million sq m
8.26
million sq m
9.17
MILLION INHABITANTS
AUSTRIA
GRAZ
LINZ
VIENNA
AUSTRIA
0.66
0.83
2.98
N/A
N/A
8.26
N/A
N/A
N/A
N/A
N/A
7.1
N/A
N/A
0.14
N/A
N/A
N/A
6.50
EUR/sq m/month
2.00
%
0.10
million sq m
0.10
million sq m
1.60
million sq m
1.10
MILLION INHABITANTS
Zagreb
5.75
EUR/sq m/month
2.5
%
0.15
million sq m
2.32
million sq m
3.87
MILLION INHABITANTS
CROATIA
Zagreb
CROATIA
4.65
4.30
4.30
4.70
4.3
1.1
10.3
5.4
0.02
0.03
0.06
0.29
0.02
0.03
0.12
0.49
0.42
0.42
0.74
3.48
0.70
0.70
0.69
2.31
© 2025 All information is believed to be correct but cannot be quaranteed. Source: Cushman & Wakefield, Moody's Analytics, Vienna Research Forum.
contact
market data
For Bulgaria, Sofia only
***
For Bulgaria, Sofia only
***
Take-Up stands for Net Take-Up. However, the Gross Take-up is reported for Italy, and the figure includes new lease, pre-leases, sub-leases, owner occupation, and expansions for Germany.
**
Population figures provided for Metropolitan areas in focus.
*
For Bulgaria, Sofia only
***
Take-Up stands for Net Take-Up. However, the Gross Take-up is reported for Italy, and the figure includes new lease, pre-leases, sub-leases, owner occupation, and expansions for Germany.
**
Population figures provided for Metropolitan areas in focus.
*
00
2.50
1.90