Industrial developer P3 Logistic Parks assesses 2025 as a successful year and has positive expectations for 2026
(Bratislava, 29 January 2026) – P3 Logistic Parks, a leading European developer and long-term owner of logistics properties, once again confirmed its position as one of the key leaders in the commercial real estate market in Slovakia last year. P3’s achievements in 2025 are the result of a combination of strategic acquisitions, stable lease extensions with key clients, and continued tenant demand for high-quality space in proven locations. A major milestone was the largest leasing transaction on the market – the extension and expansion of cooperation with MX Logistika – as well as an acquisition in the P3 Nové Mesto location. Despite turbulent market conditions, P3 Logistic Parks, according to Peter Jánoši, will continue to pursue its expansion ambitions this year as well.
Top Market Transaction of 2025
P3 Logistic Parks closed 2025 in Slovakia with the top market transaction of the year. P3 signed a lease extension and at the same time expanded the leased area at P3 Bratislava D2 in the Záhorie region for client MX Logistika – to a total of nearly 88,000 sqm, with newly added space accounting for almost 20 percent. MX Logistika is part of the Austrian XXXLutz Group and serves as a distribution warehouse for the MÖBELIX furniture and home accessories retail chain. In addition to Slovak stores, MX Logistika supplies goods to outlets in Austria, the Czech Republic, Hungary, Croatia, Slovenia, Poland, Romania, and Switzerland.
“We highly value the continued trust of MX Logistika and the XXXLutz Group in our long-standing and well-functioning business relationship. Such a top market transaction also sends a positive signal to the entire market: it demonstrates that Slovakia can be attractive and competitive even on a European scale,” says Peter Jánoši, Managing Director Slovakia & Czech Republic at P3 Logistic Parks.
Cushman & Wakefield acted as the commercial real estate advisor on this transaction. Patrik Janščo, Head of Industrial, comments: “This transaction confirms that high-quality industrial projects in strategic locations continue to maintain a strong position and high tenant demand. In the case of MX Logistika, the combination of location and the flexible approach of P3 Logistic Parks throughout the entire process played a key role. Thanks to close coordination and a rapid response to specific requirements, we were able to deliver a solution that precisely met MX Logistika’s needs.”
P3 Logistic Parks Confirms Its Market Leadership
Another step confirming P3 Logistic Parks’ position as one of the local leaders in the logistics real estate segment was a significant year-end acquisition of nearly 100,000 sqm from Stoneweg Europe Stapled Trust (SERT). This transaction doubled P3’s presence in the highly sought-after Nové Mesto nad Váhom location. At P3 Nové Mesto, key clients ZF Active Safety Slovakia s.r.o. (4,405 sqm) and Pilous SK (4,239 sqm) also extended their leases in the final quarter of 2025.
Strong leasing results further underline the success of 2025 for P3 Logistic Parks in Slovakia. Over the course of the year, P3 leased a total of 118,930 sqm of warehouse space. The largest share of this volume consisted of the extension and expansion of MX Logistika, one of the portfolio’s key clients. At the same time, P3 expanded its tenant base with several new companies, including Faurecia at P3 Bratislava, as well as Jungheinrich and DSV at P3 Senec, and Geis at P3 Žilina.
Portfolio growth was also supported by acquisitions: in 2025, P3 acquired 122,113 sqm of warehouse space through acquisition transactions, along with approximately 56,300 sqm of land/areas designated for further development.
Peter Jánoši, Managing Director Slovakia & Czech Republic at P3 Logistic Parks, adds: “Although the Slovak market is generally experiencing turbulent and uncertain times and market cooling can be expected at least until mid-2026, we see that Slovakia has strong future potential. This is also illustrated by our results from last year. Even under challenging conditions, P3 Logistic Parks will continue to pursue its expansion ambitions this year.”
Market Challenges and Opportunities in 2026
As an institutional developer, P3 Logistic Parks’ strategy also includes continuous investment into the overall park infrastructure and qualitative improvements. Peter Jánoši explains: “For companies to grow and develop their business, they need stability and predictability. This makes business planning efficient and effective. Currently, however, the market is experiencing the opposite, with enormous pressure on prices. One of the ways we aim to support our clients is through our own green transformation. This reflects their need to reduce operating costs while also meeting environmental requirements within ESG reporting.”
According to Peter Jánoši, long-term relationships are also key to stabilising clients’ businesses: “This is undoubtedly our business philosophy. Equally important is responding to individual client requirements to the greatest extent possible. I believe this approach is not only our competitive advantage, but also a factor that stabilises the Slovak market as a whole. It can serve as inspiration for other market players as well.”
From a sector perspective, Peter Jánoši expects the automotive, retail, and e-commerce segments to dominate the market. “Western Slovakia and the Žilina region are, in my view, saturated in terms of automotive. The creation of a new supplier structure has potential in eastern Slovakia through the presence of a new car manufacturer. I would also like to highlight that the Žilina region may become an attractive new location for the retail and e-commerce segments. With the opening of the Višňové tunnel, reduced traffic congestion, and changes in traffic organisation, this location is now undoubtedly more attractive for establishing new regional distribution centres,” Peter Jánoši concludes.