Low supply drives down office vacancy and pushes up rents

No new office building was added in Bratislava in 1Q, but the completion of the Dunaj (8,000 sqm) and Ganz House (10,300 sqm) projects is expected in 3Q, Cushman & Wakefield data show. The office vacancy rate thus dropped by 1.2 points annually to 13.4%. Prime rent rose to €21.50 per sqm/month, compared to €16.50 in 1Q22. Given the shortage of A+ space in prime locations, further growth is expected.

(eurobuildcee.com)