A Hungarian warehouse market is experiencing a major shift: many new halls have been built, yet vacant spaces are still plentiful.
The domestic modern industrial and logistics real estate market expanded to over 6.5 million square meters by the second quarter of 2026. Approximately 118,000 square meters of new warehouse space were completed, while demand from tenants in the capital city decreased slightly. Nevertheless, the vacancy rate generally improved. The industrial real estate market remains a central focus, and the topic is also discussed at the Portfolio Property Investment Forum conference.
The domestic modern industrial and logistics property market continued to expand, with the national stock exceeding 6.5 million square meters by the second quarter of 2026. Nearly 118,000 square meters of new warehouse space were handed over across the country, and while demand in the capital city has slightly decreased, the overall vacancy rate has improved - according to a statement from the Budapest Real Estate Consultants Forum. The industrial property market will be a key topic at the Portfolio Property Investment Forum conference, so be sure to join us!
