Summer is a time of sun, heat and holidays. For many people it means relaxation, travel and time spent with family and friends. However, it seems that summer can have a significant impact on work productivity. Wondering what factors affect productivity in various industries during this warm season? We bring you an insight into this phenomenon through the opinions of six different company representatives who revealed to us how summer affects their work routines, habits and efficiency.
It is a natural development and shift. As soon as a project or company outgrows the borders of Slovakia, it expands abroad. Development companies are no exception to this. We find them in neighboring Poland, Slovenia, Germany, Ukraine, but also in Great Britain, specifically in London.
ECONOMY: The recovery of industrial production and easing of inflation are helping the economy to avoid recession. Slovakia's economy is emerging from a longer period of weak growth, as a result of which the effects of adverse shocks are beginning to disappear.
In the first half of this year, CTP achieved a net rental income of 268.3 million. euro This represents a year-on-year increase of 26.8 percent. The contractual revenues for the next 12 months amounted to 654 million as of June 30, 2023. euro As the group further informs, the expected return on costs increased to 10.6 percent on 1.8 million square meters of projects under construction. The group's permanent portfolio has grown to 11 million square meters. The gross value of assets increased by 8.2 percent to 12.4 billion euros. EPRA's specific adjusted profit increased by 25.4 percent to 158.1 million euros.
In the second quarter of 2023, the total area of office space in Bratislava is 2 million m2, with 17% of the total volume being class A+ office space, 38% A and 45% class B office space. This is based on current data from the real estate consulting company CBRE.
In its report on financial stability from May 2023, the National Bank of Slovakia (NBS) drew attention to several changes that took place in the commercial real estate market. The offer of offices in Bratislava in the first quarter was 2.02 million m², 17% of this offer consists of office space in the A+ standard, 38% in A and 45% in B standard.
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