Peter Píš (JTRE): Focus is shifting in Bratislava from office to resi

Published: 09. 03. 2023

Your first new office building at Eurovea is 80% leased or under offer, and the second is somewhere between 30% and full. What does that tell you about Bratislava’s office market?

It depends how you look at it. From the development perspective, the pipeline for office space will shrink because residential works better than for office.

Explain that.

The price you can ask for residential is much higher than for office space. Also, the market for office space has been somewhat unstable for the past three years because of downsizing and the Covid situation. So . . .

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