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Office Market News

Slovak construction industry started the year cautiously. A gradual recovery is expected

The beginning of 2025 brought growth to the construction industry in Slovakia, which was the highest since April 2024. January construction production reached 436.1 million euros, which represents a year-on-year increase of seven point two tenths of a percent. This growth was mainly due to dynamic growth abroad, while the domestic sector grew only slightly. However, experts expect a turnaround no later than mid-year.

GBC 5 sold to ERSTE Asset Management

CBRE Slovakia announced that it has brokered the sale of the A-class administrative building Galvaniho Business Center 5 in Bratislava.

Offices with record rent growth

The Slovak real estate market struggled with high interest rates and investor uncertainty in 2024, leading to a 19 percent year-on-year decline in investment. However, some sectors showed resilience – retail and residential real estate saw growth. 2025 should bring a revival in investment activity, mainly due to falling interest rates and growing interest in larger transactions.

What will the new construction law bring?

The new Construction Act, which will enter into force on 1 April 2025, brings with it a number of significant changes that should significantly affect construction and construction procedures in Slovakia. The new Construction Act has a positive impact on the efficiency of construction processes, promises a significant reduction in the administrative burden and should strengthen the professionalization of the state construction administration. Are brighter times ahead?

Interviews

Nothing limits our clients' work

More than one parent is happy to return to work from the forced home office, which was required by the situation in recent months. After the era of coworking and open spaces comes the ideal time for serviced office concepts. They are sufficiently insulated and flexible. You don't need to invest any capital in them, just bring your own computer. We talked about the 5 Star Offices concept with the owner of centers with serviced offices, Mgr. Slava Pavle.

Interview with Jana Kubalová from Hub Hub: Letos pociťujeme výrazné zvýšení poptávky klientů po flexibilních kancelářských prostorách

We have prepared for our readers from www.kancelarieinfo.sk an exclusive interview with Jana Kubalová, Business Development Manager of Hub Hub Bratislava. What differentiates them from the competition? What changes in demand, supply and changes in client behavior did they notice in comparison to the pre-pandemic situation and the situation today?

Transactions

Date Business Center Tenant m2 Lessor
2024 Q3 Digital Park II Sektor Nájomníka Financie 2207
2024 Q3 River Park Sektor Nájomníka IT 930
2024 Q3 SKY Park Offices Sektor Nájomníka Farmaceutiká / Zdravie 850

More Transactions »

Best of 2023

  • Largest Rental:

    Nivy Tower - , with 3586m2 rented space

  • Most Active Office Building:

    Nivy Tower, 3 rentals, with 6009m2 rented space

  • Most Active Lessor:

    108 AGENCY, 2 transactions, transactions total space: 4147 m2

Contact Us

Do You Have Any Questions?

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Tereza Matejkova

+42 122 220 0199

Pavlina Linhartova

+42 070 396 3061


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