Bratislava's office market recorded strong performance in Q1 2026, with leasing activity exceeding 50,000 sqm. Half of this activity consisted of renegotiations of existing leases, according to the latest report by CBRE Slovakia.
The overall vacancy rate decreased quarter-on-quarter to 13.38%. The lowest vacancy rates were recorded in the South Bank zone (7.24%) and City Centre (9.34%), while the highest vacancy was in the Outer City zone at 16.74%, despite a quarterly decrease of 3.64 percentage points.
Prime rent increased by 2.5% quarter-on-quarter to €21.50 per sqm per month. "Bratislava's office market recorded a strong start to 2026, with leasing activity exceeding 50,000 sqm. Prime rent increased quarterly by 2.5% to €21.50 per sqm per month," said Oliver Galata, Head of Office Leasing at CBRE Slovakia.
Net leasing activity (new leases, subleases and expansions) represented approximately 25,000 sqm, a 9% year-on-year increase. The IT sector generated the largest demand (34%), followed by the public sector (21%) and consumer goods sector (9%). Around 84% of leasing activity was directed to A+ and A standard buildings.
No new office projects were completed in the first quarter of 2026. By the end of 2026, approximately 17,000 sqm of new space is expected to enter the market through the Dunaj (7,200 sqm) and Ganz House (9,400 sqm) projects.