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Office Market News

This year, Bratislava has seen a record low increase in office spaces. However, projects are coming

In Bratislava, there is currently 2.08 million square meters of office space, with the vacancy rate dropping to 13.17% in the third quarter of 2024. The highest occupancy of offices is traditionally in the city center, and the South Bank area—specifically in northern Petržalka around Einsteinova Street—is also performing well. The total rental activity in the third quarter of 2024 amounted to 28,036 square meters, which is a decrease compared to the previous year. Currently, new projects such as Vydrica, Dunaj, Ganz House, and Chalupkova Offices are under construction, which will gradually enter the market over the next two years. The average monthly rent per square meter in the CBD area is currently €15.50, while the prime yield remains at 6%.

Florian Residence: Premium living with an old town atmosphere

A new project in the center of Bratislava has aroused interest among those looking for premium housing. Florian Residence comes with a combination of strategic location, modern design and high-quality equipment that will appeal to even the most demanding clients who do not want to compromise. "The attractiveness of this project lies in its unique location, top-notch architecture and emphasis on ecological and technological innovations - exactly what demanding buyers are looking for. Florian Residence represents housing of exactly this level," emphasized Ján Bryndza, Commercial Director of Alto Real Estate.

The Municipal Courts of Bratislava III and IV will be located in the BBC 1 Plus building on Plynárenská Street

The Ministry of Justice of the Slovak Republic has decided to provide modern and efficient premises for the Bratislava III and IV city courts as part of the court map reform. Out of three offers, it selected the BBC 1 Plus building in the Mlynské Nivy zone of Bratislava. This 12-storey administrative building, known as the first LEED Gold certified project on the Slovak market, was chosen based on the court's needs, modern standards and economic efficiency it brings.

7 tips for metal ceilings

There are many types of metal ceilings - tens or even hundreds of variations. If you are not sure how to use them properly, here are some tips to help you choose the best solution for your project.

Prepare for the VAT change and save when buying an apartment from YIT

From January 1, 2025, the VAT rate will increase to 23%, which will significantly affect real estate prices, which will rise by several thousand euros. The development company YIT Slovakia therefore advises not to wait to buy an apartment and to buy it this year, thanks to which you will secure a new home at a more favorable price.

MARKETBEAT OFFICE Q3 2024 BRATISLAVA

Cushman & Wakefield MarketBeats analyzes quarterly commercial real estate activity in Slovakia in the office, retail and industrial real estate sectors, including trends, supply, demand and market prices.

Flexible offices are gaining popularity, their area has doubled in Bratislava in 4 years

The flexible office market in Bratislava currently represents 40,000 m2, compared to 2020 it has almost doubled Flexible offices and coworking spaces currently represent 2% of the total offer of modern office spaces in Bratislava Flexible offices are most used by the professional services, IT and finance sectors Monthly rents for one workplace in flexible offices in Bratislava currently range from €200 on average

Conference OFFICE OF THE YEAR: Generation Z reveals the weaknesses of offices

People go to offices because of people, and even the "spoiled" Generation Z prefers office work to remote work. In addition, the OFFICE ROKA conference revealed current trends in the sector and tips on how to make offices more attractive. The winners of the OFFICE ROKA competition confirmed in a panel discussion that more and more daring and inspiring concepts of work spaces are being created in Slovakia.
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