Budapest Industrial Property Market Growth in Q4 2025

Take-up on the industrial property market in and around Budapest reached 261,600 sqm in the fourth quarter, the Budapest Research Forum (BRF) said on Tuesday.

According to a summary sent to MTI, the largest handover of the quarter was the first hall of CTPark BudapestÉrd, with a floor area of ​​53,000 sqm.

New leases accounted for 24% of total demand, renewals 23% and contracts for additional space for 19%. Pre-leases made up 35%.

The vacancy rate in greater Budapest stood at 12.8%, edging down 0.3% from the previous quarter.

There were 4,082,500 sqm of modern industrial space in and around Budapest at the end of the quarter, from a 6,132,200 sqm nationwide total.

The total national modern industrial and logistics stock exceeded 6.1 million sqm at the end of the fourth quarter of 2025, of which the capital and surrounding area stock was more than 4 million sqm, while the regional stock was more than 2 million sqm.

BRF's members are 108 Hungary Real Estate, CBRE, Colliers, Cushman and Wakefield, ESTON International, iO Partners and Robertson Hungary.