CEE Industrial Market REcap Q4 2024

A row of numbered loading docks with yellow wheel stops at a modern logistics warehouse.

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.


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A map of Central and Eastern Europe from i·O, a JLL Preferred Partner, highlighting prime rents and yields for the industrial market in key countries like Germany, Poland, and Czechia. It includes an optimistic quote from Regional Director James Fitzgerald


Regional Director of Industrial Agency

James FitzgeraldJames Fitzgerald