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?
The year 2024 was a challenging one for the Slovak real estate market, as the total volume of real estate investments reached EUR 484 million, which is a year-on-year decrease of 27 percent. The main reason was the tight monetary policy of the European Central Bank (ECB), which kept the base interest rate at a record high at the beginning of the year. This affected investment activity and caused several investors to reconsider their strategies. The change came only in June, when the ECB, after a long period of tightening monetary policy, proceeded to reduce interest rates for the first time.
"In the West", wealth management has been a common part of the financial world for decades. In our country, however, many people still think of "property management" only as buying real estate or term deposits. What does a modern approach to investment management actually look like and why do qualified investors deserve individual care?
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.
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
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.
Fulfilling environmental, social and governance (ESG) criteria as an integrated approach to sustainability is becoming an essential part of modern business. At WOOD Real Estate, we also perceive the growing importance of ESG. That's why we created a basic strategy, which we continue to develop as the legislation and the EU taxonomy gradually develop and become more precise. Sustainable business has been a natural part of our daily activities for many years. It increases the credibility of the brand and the value of our real estate and contributes to the positive perception of our company by business partners, investors, employees and the general public.
Mutual funds are among the most popular investment instruments in Slovakia. The group of mutual funds also includes real estate funds, through which investors own shares in industrial parks, logistics parks, administrative buildings, residential real estate or shopping centers. Investors' interest in investing in real estate is also confirmed by current data from the National Bank of Slovakia (NBS). The volume of assets of real estate funds in the first quarter of 2024 increased by 3.7% year-on-year, and their share in the total assets of mutual funds has been more than a quarter for a long time. WOOD & Company analyst Eva Sadovská deals quarterly with current developments in Slovakia and the neighboring Czech Repu
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
