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.
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.
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
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.
What connects companies like Google, Spotify, Meta, Expedia and SalesForce? The need for a stable internet connection with the highest possible speed, high demands on server room security or a flawless telecommunications network. And how do office centres like The Bridge in Warsaw, Canada Water in London or Hammerbrooklyn in Hamburg fit in with these global companies? Simple: they guarantee all the superior IT and telecommunications needs of large technology companies. Tenants with the most demanding requirements for technical facilities are getting used to navigating the office market thanks to the certification - WiredScore. Since this year, the Czech Republic also has its first and so far only "domestic" auditor. He is Ondřej Svoboda, project manager at the real estate consulting company 108 REAL ESTATE.
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