Flex office segment doubles in Bratislava compared to 2020

17
Oct
2024
News - Flex office segment doubles in Bratislava compared to 2020 #Bratislava #CBRE #office #report #Slovakia

by Property Forum | Report

The flexible office market in Bratislava has grown to 40,000 sqm, compared to 2020 it has almost doubled, CBRE's latest survey reports. Flexible offices and coworking spaces are equal to 2% of the total offer of modern office spaces in Bratislava.


The office environment has undergone major changes in recent years due to various factors. Flexible office spaces, which are adaptable and allow companies to easily reduce or increase the size of the occupied space according to current needs, are increasingly coming to the fore. In Bratislava this year, the area of such premises reached around 40,000 sqm and thus continued its continuous growth for several years. Currently, such offices make up roughly 2% of all modern office spaces in the city. The total volume of rental transactions reached more than 2,500 sqm in the first half of 2024.

"We perceive that flexible spaces are an increasingly popular rental option, especially for smaller companies with up to 15 employees. They are particularly convinced by the high flexibility in the length of the contract, which usually starts at 3 months," explains Zuzana Lapčaková, Associate Director in the office space rental department at CBRE Slovakia. 

Monthly rents for one workplace in flexible offices in Bratislava currently range from €200 on average. For comparison, in Prague, the monthly price of a job in a flexible office ranges from €300 - 400, in Warsaw €330 - 650 and in London €500 -1500.  

When looking at the sectors that rented such premises the most over the last 5 years, professional services lead (25%). They are followed by the IT, finance and manufacturing sectors.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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