Bratislava's office market recorded net take-up of 38,500 sqm in the third quarter of 2026, a 55% quarter-on-quarter increase, according to a report by CBRE Slovakia. Total leasing activity reached 53,800 sqm over the same period, remaining broadly stable compared with the previous quarter. The overall vacancy rate rose by 98 basis points quarter-on-quarter to 14.40%, though it edged down by 7 basis points year-on-year.
"The Bratislava office market recorded another quarter of high leasing activity, reaching 53,800 sqm. Also notable is the 55% quarter-on-quarter increase in net take-up. This growth was largely driven by one significant transaction, a pre-lease of 16,000 sqm of office space by a company from the financial sector," said Oliver Galata, director of office leasing at CBRE Slovakia.
The financial sector accounted for the largest share of demand at 33%, followed by the IT sector at 16% and professional services at 15%. By submarket, the lowest vacancy rate was recorded in the South Bank zone at 7.05%, followed by Inner City at 12.30%, City Centre at 13.39% and the Central Business District at 15.85%. The highest vacancy rate of 17.56% was recorded in the Outer City zone.
The only project completed in the third quarter was Ganz House, adding 9,400 sqm of new leasable space to the market. The completion of project Dunaj (8,000 sqm), originally scheduled for 2026, has been pushed back to 2027, meaning no further projects are expected to be delivered in Bratislava before year-end. A more substantial increase in new supply is anticipated in 2027, when around 48,300 sqm of new leasable space is expected to reach the market across projects including Chalupkova Offices (18,200 sqm), Istropolis Atrium (15,500 sqm), Baya Office (4,200 sqm) and Downtown Yards (2,400 sqm).
Prime rents remained stable quarter-on-quarter at €22.00 per sqm per month, while recording 7% growth year-on-year. "Prime rent remained at €22.00 per sqm per month in the third quarter of 2026. Demand for the highest-quality class A+ buildings remains strong, while supply in that segment is relatively limited. As no further projects will be completed by year-end, the availability of such space is expected to remain constrained, which should continue to support prime rent levels," added Galata.
