Slovakia's new building law aims to significantly speed up construction permitting through digitalization and streamlined processes. Find out how this could lead to faster development of office buildings and logistics parks, potentially impacting the availability and cost of rental space for your business.
When it comes to choosing new office spaces, decisions are predominantly made by top management, heavily influenced by cost, location, and parking availability. While employee preferences play a minor role currently, there's a growing focus on amenities, sustainability, and flexible working environments for the future.
Czech developer Lordship has secured key city approval for the reconstruction of Bratislava's Hotel Kyjev. This development highlights ongoing investment activity and market potential in the Slovak capital, a crucial factor for businesses evaluating office and warehouse opportunities.
Leading developer JTRE is set to transform a significant area in Bratislava's Mlynské Nívy district with a major new mixed-use development based on the 15-minute city concept. This project is poised to enhance the appeal and functionality of this key business location.
Despite the slowdown in the office sector, Bratislava continues to see growth from key players. Discover the leading developers shaping the city's office market and their major projects offering potential new space for your business.
Contera is set to transform a former brownfield in Bratislava into a dynamic hub for small business units. The City Site project, now underway, promises modern, flexible spaces designed to meet the diverse needs of growing local companies, from healthcare labs to tech workshops and showrooms.
Slovakia and the rest of the Central and Eastern European region are facing a favorable investment period in the field of commercial real estate. The dynamics that the sector is experiencing are in contrast to the geopolitical tensions and trade uncertainties that are affecting Western markets. While in Western Europe investors consider the risks associated with inflation, high interest rates and trade restrictions, the CEE region (Central and Eastern Europe) benefits from favorable structural factors, relatively low costs and a growing consumer base.
The volume of office leases in Bratislava increased by 36 percent year-on-year and total leasing activity reached 62,847 square meters. However, new office construction on the Bratislava market is stagnating, with three projects currently under construction. Despite the high vacancy rate, the supply of modern, quality offices remains limited, which creates pressure on premium rents. This is according to an analysis by real estate consultancy CBRE.
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