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Slovakia : Office Snapshot - 1Q 2013

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Slovakia : Office Snapshot - 1Q 2013

Slovakia continues to demonstrate positive economic growth, fuelled by the export linked industry. However domestic demand, consumer spending, corporate confidence and the general business climate remain subdued which is persistently weighing on the national office market. Rationalisation of space remains a key theme on occupier agendas and this has again taken its toll on the prime rents which fell in Bratislava CBD as a result in Q1. Yields were sustained over the quarter with some activity seen in the three months to March to support this.

Source : Cushman & Wakefield

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