CEE Industrial market maintains strong momentum in Q3 2025
The industrial and logistics real estate market across Central and South-Eastern Europe (CEE & SEE) continued to perform strongly in Q3 2025. With robust manufacturing activity, high leasing volumes, and solid investor confidence, the region further strengthens its position as one of Europe’s key industrial hubs. According to the latest Market REcap Q3 2025 – Industrial CEE & SEE Market, sentiment remains firmly positive across occupiers, developers, and investors alike.
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Manufacturing-Led Demand Shapes Market Performance
Manufacturing remains the dominant driver of leasing activity across the region. Automotive, electronics, and advanced manufacturing continue to expand, underlining CEE’s strategic importance in European supply chains.
Countries benefiting from nearshoring and production realignment are seeing the strongest take-up and sustained interest from international occupiers.
Development Pipeline Remains Active Despite Economic Headwinds
Even with broader macroeconomic uncertainties in Europe, the volume of new completions across CEE stays solid.
Developers remain confident in the region’s industrial fundamentals, supporting ongoing expansion of logistics parks, manufacturing campuses, and large build-to-suit projects. Poland, the Czech Republic, Romania, and Hungary remain the region’s most active development markets.
Investors Target Core Logistics and Production Assets
The investment landscape continues to show resilience. Prime industrial yields hold steady, signalling sustained appetite for high-quality logistics and production assets that offer secure, long-term income streams.
Investors remain focused on core distribution centres, modern warehouses, and manufacturing facilities, especially those leased to strong covenant tenants.
Moderate Vacancy with Selective Tightening
Vacancy rates across the region remained within healthy levels during Q3 2025. In markets with high levels of manufacturing growth or strong e-commerce logistics expansion, localized tightening is visible as available space becomes more limited.
Overall, the region maintains a balanced environment that supports both occupier growth and continued development activity.
CEE Remains One of Europe’s Most Dynamic Industrial Hubs
The results from Q3 2025 confirm that the industrial and logistics real estate market in CEE & SEE remains exceptionally strong. Supported by production-led demand, an active development pipeline, and stable investor interest, the region is well-positioned for continued momentum in the coming quarters.
The full analysis is available in our Market REcap Q3 2025 – Industrial CEE & SEE Market report.
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