The Bratislava office market in Q2 2025 is characterized by strong demand for modern, sustainable office spaces, particularly in Class A and A+ buildings. Despite a slight decrease in overall vacancy, limited new supply is pushing rental prices upwards, creating a dynamic environment for businesses seeking prime locations.
Slovakia's labor market experienced surprising trends in July, with unemployment seeing a slight seasonal increase but a record number of job vacancies persisting. This 'two-speed' market, characterized by significant regional disparities and an increasing reliance on foreign labor, presents both opportunities and strategic considerations for businesses seeking new office or warehouse locations.
Slovakia's ambitious new Architectural Policy (APS) is poised to transform the nation's urban and rural landscapes. For businesses seeking office or warehouse space, this strategic framework signals a new era of planned development, improved infrastructure, and enhanced living environments, creating promising opportunities in the commercial real estate sector.
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.
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.
In the center of Bratislava's Old Town, office space in class A1 will be added within the new multifunctional development Vydrica under Bratislava Castle, where there are apartments and non-residential premises for business. The implementation of the project began in 2022 and is scheduled to end in 2028.
Po takmer dvoch rokoch sa prepad hodnoty komerčných nehnuteľností v Európe zmierňuje. Za prvé tri mesiace tohto roka klesla len o 0,5 percenta, čo je výrazne pomalšia miera poklesu ako 3,4-percentný pokles zaznamenaný v poslednom štvrťroku minulého roka, ukazujú údaje zostavené poskytovateľom informácií o aktívach a fondoch pre komerčné nehnuteľnosti Altus Group.
Realitný fund AUP Bratislava sub-fund, whose only asset is the well-known shopping center Aupark Bratislava, has reported a return of 23.67 percent in the euro class since its establishment in 2021. Despite the difficult conditions during the corona crisis, it confirmed its ability to generate stable returns for investors. Aupark is characterized by a strategic location, sustainable operation, modern premises and a suitable combination of tenants, including premium brands, which contributes to its long-term attractiveness among visitors. Investing in the AUP Bratislava sub-fund therefore attracts domestic as well as foreign investors.
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