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Slovakia : Office Snapshot - Q2 2013

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Slovakia : Office Snapshot - Q2 2013

While the Slovakian economy continues to expand, this is primarily attributed to the strong performance of automotive exports. However, this economic growth hasn’t yet filtered down to the property market in Q2 as the high unemployment; the weak consumer and business confidence continue to act as drags on recovery. The office market remained generally subdued in the April-June period and while prime rents were unchanged in the main office clusters of Bratislava, some downward pressure remains, particularly in the CBD where rents are highest.

Source : Cushman & Wakefield

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