CEE Industrial Market REcap Q4 2024

The CEE & SEE industrial real estate market remains a prime destination for occupiers, driven by its strategic location, improving infrastructure, skilled workforce, and favorable business environment. In 2024, total stock reached 33.9 million sqm, with 2.57 million sqm of new completions and 2.66 million sqm under construction. Vacancy remained low at 4.2%, while gross take-up hit 4.03 million sqm, with net take-up at 2.90 million sqm. Looking ahead to 2025, the market is expected to remain active, supported by continued demand, low vacancy, and stable rental levels.