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Hungarian industrial real estate market expects further growth after the elections - helped by news of euro adoption and automotive confidence
Industrial

Hungarian industrial real estate market expects further growth after the elections - helped by news of euro adoption and automotive confidence

The optimistic mood prevails after the recent elections and the change of political situation in the industrial real estate market in Hungary. While the Czech Republic is often compared to Poland, Hungary is building its own position thanks to the automotive industry. According to real estate consultancy 108 REAL ESTATE, which has a presence in Budapest, the supply of modern warehouses and manufacturing space is expected to continue to grow, stimulated by the expected rising demand. The main reason for this is the multiplier effect of the major automotive brands already present on the Hungarian market. The vision of economic growth, expressed among other things by the new government's desire to adopt the euro as soon as possible, is also playing a role.

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Manufacturing dominates the industrial space market in the Czech Republic - tenants with higher added value are coming to the country
Industrial

Manufacturing dominates the industrial space market in the Czech Republic - tenants with higher added value are coming to the country

Domestic industrial hall leases in the Czech Republic have a number of specificities in the Central European context. But one parameter stands out above the rest: over the last three years, the logistics segment has outnumbered manufacturing in concluded lease transactions. And by a large margin. According to real estate consultancy 108 REAL ESTATE, over 550,000 sqm of industrial space was leased to manufacturing or processing companies in the whole of 2025. This was a 42% share of the total volume of transactions. Logistics-related tenants accounted for 33.85% of the total, while the remaining 24% belonged to retail, services and others. In total, approximately 1.3 million sqm of new industrial properties were occupied by new tenants in 2025.

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Development land market in the Czech Republic: a valid building permit can double the price of a property
Land

Development land market in the Czech Republic: a valid building permit can double the price of a property

The crisis of the building permit procedure, coupled with its failed digitalisation, has also affected the area of development land transactions for further construction. The increasingly lengthy process of obtaining a building permit has opened up the price scissors between land that has a valid permit and those that do not. According to real estate consultancy 108 REAL ESTATE, which specialises in this type of deals, the price difference can be up to double. Meanwhile, in 2025, investor activity did not decrease, but rather increased slightly, only excluding properties for speculative construction without a known tenant in advance. This was particularly evident in the price growth of well-prepared plots in attractive locations, where a price of EUR 150 per square metre is not exceptional. This applies not only to the usual areas around Prague and Brno, but also to Liberec.

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Rental of industrial space in the Czech Republic reached a three-year high in the third quarter - interest of manufacturing companies helps
Industrial

Rental of industrial space in the Czech Republic reached a three-year high in the third quarter - interest of manufacturing companies helps

Net demand for industrial space in the Czech Republic reached a three-year high in the third quarter of this year. Gross take-up reached 642,045 sqm from July to the end of September. The share of new leases was unprecedented, amounting to 500,921 sqm in the period under review. According to real estate consultancy 108 REAL ESTATE, manufacturing companies leased a similar volume of premium industrial space as logistics: 163,449 sqm vs 177,570 sqm. Another new phenomenon is the achievement of a rent threshold of EUR 9 to 10 per sqm per month for selected urban logistics projects.

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