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Office Market News

Companies increasingly buy their own offices. Who is a member of the chamber does not have to document income

Loan without submitting financial statements for members of selected chambers The Finnish developer YIT, which is behind the new ZWIRN district including the administrative building ZWIRN OFFICE, allows members of professional chambers to obtain a loan without submitting financial statements in cooperation with selected banks. A company that is a member of, for example, bar, medical or architectural chambers and many other chambers, does not need to document its financial results when taking out a loan for the purchase of premises in ZWIRN OFFICE. For example, membership in the bar association gives the possibility to obtain a loan of up to 250,000 euros with a maturity of 20 years at VÚB Profihypo without examining the financial condition. "This is a fundamental benefit that will make it easier for companies to access a loan to finance the purchase of their own premises," says Michaela Ochmanová, MRICS, manager of commercial premises at YIT Slovakia. When setting up purchased premises in ZWIRN OFFICE, the entrepreneur receives a loan for financing in the amount of 70% of the value. If the object of the deposit is an apartment or a family house, the amount of the loan increases to 80% and, in the case of establishing an apartment in Bratislava, up to 90% of the value of the purchased office. "We help our clients with the purchase with the services of a business loan advisor and support in obtaining financing," adds M. Ochmanová. Members of the chambers listed below do not have to submit financial statements to VÚB Bank when applying for a profihypo loan: Association of private doctors of the Slovak Republic Chamber of Surveyors and Cartographers Chamber of restaurateurs Chamber of Veterinary Doctors of the SR Chamber of Notaries of the SR Slovak Bar Association Slovak Chamber of Architects Slovak Chamber of Auditors Slovak Chamber of Tax Advisors Slovak Chamber of Executors Slovak Chamber of Psychologists Slovak Chamber of Experts Slovak Chamber of Dentists Slovak Chamber of Pharmacy Slovak Medical Chamber Association of General Practitioners for Adults of the Slovak Republic, o.z. ZWIRN OFFICE with the best accessibility and a view of the castle The new administrative building ZWIRN OFFICE has been growing in the Nivy zone since 2022 and will be fully operational in a year. Its key advantage is its good location, which facilitates access for clients and is also a "magnet" for quality employees. There are shops, restaurants, cafes, as well as housing, a school or a kindergarten within a 15-minute distance from the office - on foot or by bike. Excellent transport connections thanks to buses, trolleybuses and suburban transport in combination with cycle paths provide the best accessibility in the city. ZWIRN OFFICE YIT SLOVAKIA In ZWIRN OFFICE, companies can buy an office from 28 m2 up to any area, as the building offers a total area of over 9,600 m2. Companies can thus arrange their offices and operating rooms according to the size they need. This is rare in modern buildings. ZWIRN OFFICE is the first A-class office building in Bratislava, which will allow companies to welcome clients in their own modern, high-quality premises in a building with excellent accessibility and acceptable cost. In addition, those who are in a hurry can choose offices with a view of Bratislava Castle. "For companies that need to own representative premises, ZWIRN OFFICE is clearly the best choice." Own premises as an investment with a higher return thanks to financial leverage The purchase of company premises is also a long-term investment for companies. If an entrepreneur has free funds, he can buy them to protect them from depreciation by inflation by benefiting from the increase in the value of real estate. In addition, he can increase the return on investment by using credit as financial leverage. This means that, thanks to the loan, he can buy a larger area of office space and thereby significantly value his investment. When buying their own offices, the so-called double tax protection. This is a combination of tax depreciation of the investment and interest, which the company can also include in costs. In addition, the benefit from own premises will further multiply because rents will continue to rise in the following years as a result of rising costs. "An ordinary company cannot force the lessor of Ačko's office premises to cap the indexation amount. As a result, her rent will increase by the rate of inflation, the annual average of which reaches almost 11%. However, the repayment of the loan for own premises remains the same regardless of inflation. The company has a fixed interest rate and knows exactly what costs to expect," explains Michaela Ochmanová from YIT Slovakia. If you are interested in company premises in ZWIRN OFFICE, contact us at [email protected] or call 0902 678 996. You can find more information on the website of the ZWIRN OFFICE project. ZWIRN OFFICE in a cube On the corner of Košická and Svätopluková streets in Bratislava 12 floors/9,609 m2 of office space Offices from 28 m2 for sale to own Flexible layout of spaces according to individual requirements Shared terrace on the 7th floor Bicycle stand and parking for cars Barrier-free access Start of construction: Q2 2022 Planned approval: 2nd quarter 2025

10 companies advanced to the OFFICE ROKA finals

Children's corner, relaxation room with bed, cafe, fitness room, treadmills behind adjustable tables. All this is the reality of modern offices in Slovakia. Get to know conceptually thought-out and imaginative solutions for contemporary workspaces. The OFFICE ROKA expert jury selected these ten finalists of the 8th year of the competition.

Companies prefer buying offices to renting. In addition, chamber members document their income

This is the case of the new ZWIRN OFFICE building, which is rising in the center of Bratislava in the Niva zone. In addition, this project has one more benefit: financing without the need to submit financial statements to the bank.

Eset continues preparations for the construction of the campus, removing the original buildings on Patrónka

The company Eset is finishing the removal of the original buildings in the area of the former military hospital on Bratislava's Patrónka, where a large-scale campus project is to be built. He does not register any unexpected problems, the works are in accordance with the expected time schedule. He expects the demolition work to be completed in the second half of April. This was stated by Peter Blažečka from the company.

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 Agency
2024 Q1 Apollo Business Center II Lidl 8700
2023 Q4 Aupark Tower Bratislava PARTNERS GROUP SK 1700
2023 Q3 Landerevova 12 Office 3571

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