At the end of Q2 2026, the total modern industrial stock in Hungary amounted to 6,510,150 sq m. From which in Greater Budapest, the modern industrial stock reached 4,179,890 sq m, while the stock in Regional Hungary totaled 2,330,260 sqm.
In the second quarter of 2026, two new speculative industrial and logistics facilities were completed in Greater Budapest, increasing the total stock by 28,850 sq m, comprising Faedra Business Park in Budapest and the second phase of HelloParks FT3 in Fót. In the regional markets, a total of 89,125 sq m of new industrial space was completed in three schemes, all of which are located in the Northern Great Plain region. In total, new deliveries increased the national stock by 117,975 sqm
The vacancy rate in Greater Budapest decreased to 14.8% in Q2 2026, reflecting a 0.3 pps decrease quarter-on-quarter. At the end of the quarter, a total of 617,620 sq m of logistics space was vacant in Greater Budapest. Outside the capital, vacant areas reached 243,625 sq m, corresponding to a vacancy rate of 10.5%. The nationwide vacancy rate stood at 13.2% at the end of Q2 2026.
Total demand in Greater Budapest amounted to 175,510 sq m in Q22026, representing a 13% decrease compared to the same period of the previous year. During the second quarter of 2026, net take-up excluding renewals equaled 97,400 sq m, reflecting 55% of the total demand.
In Q2 2026, renewals accounted for the largest share of total leasing activity at 44%, while pre-leases represented 26%. New leases made up 18%, and expansions comprised 12% of total activity in Greater Budapest.
The largest transaction of the quarter was a 45,750 sq m pre-lease agreement in CTPark Vecsés, while the largest transaction in the regional markets was a 17,230 sq m new lease agreement in Kunszentmárton.
In the second quarter of 2026, 30 leasing transactions were registered in Greater Budapest, with an average transaction size of 5,850 sq m, reflecting a 13% decrease year-on-year. The number of transactions, however, remained unchanged compared to the same period last year. In line with trends observed in previous years, the majority of leases continued to be concluded in big-box logistics parks.
In Q2 2026, net absorption in Greater Budapest returned to positiveterritory, reaching 36,455 sq m. Net absorption in the regional markets also remained positive, totalling 40,525 sq m, bringing the national total to 76,980 sq m.
