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.
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?
"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?
More than 50 percent of the office spaces in the newest A-grade office building - ZWIRN OFFICE on Mlynské Niva in Bratislava - are already "taken up". More precisely – in one of the few buildings in which companies can buy space instead of renting it – there are only less than thirty business spaces from 40 to 330 m2 available.
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.
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
HB Reavis is the most active Slovak developer in London. After the four buildings 33 Central, Cooper & Southwark, 20 Farringdon Street and Bloom Clerkenwell, the company has completed its fifth London project, reports Jana Ovesná, Saxo Bank PR Slovakia.
More than half (51 percent) of employees who currently work from home in Slovakia see it as a matter of course, and 13 percent cannot even imagine their work without a home office. They don't want to lose this option, even if employers are pushing for people to return to the office after the pandemic. This results from the current survey of the Grafton personnel agency, in which 798 respondents from all over the Slovak Republic took part.
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