The total office stock in Bratislava was flat at 1.75 million sqm in Q1 2026, while two new projects are expected to be delivered later this year in Q3, namely Dunaj (8,000 sqm) and Ganz House (10,300 sqm), according to the Bratislava Research Forum.
Bratislava’s office market is undergoing a significant sustainable transition, with 691,000 sqm of space now holding valid green or operational sustainability certifications. This figure represents 40% of the city’s total office stock, while an additional 200,000 sqm is currently undergoing assessment. At present, 38 office buildings in the Slovak capital hold internationally recognised BREEAM or LEED certifications. Within this certified segment, BREEAM-rated properties maintain a slight lead at 53%, compared to 47% for LEED.
Leasing transactions in Q1 2026 reached 50,140 sqm, with activity primarily driven by renegotiations which accounted for 50% of the total volume. New leases followed at 42%, while expansions comprised the remaining 8%. Occupier demand remained concentrated in high-quality assets, as Class A buildings represented 65% of transactions, followed by Class A+ properties at 19% and Class B buildings at 16%.
The city’s office vacancy rate tightened to 13.38%, leaving 234,800 sqm unoccupied out of a total stock of 1.75 million sqm. This represents a quarterly decline of 71 basis points and a year-on-year reduction of 117 basis points. Reflecting this tightening supply, prime rents have risen to €21.50 per sqm per month. Regarding the outlook for the remainder of the year, the Bratislava Research Forum said: "We expect further growth to continue through the year, driven also by the shortage of A+ space in prime locations and the overall low volume of space under construction."
