ARTICLES LABELLED WITH TAG Slovakia

The third quarter of 2025 confirmed a continued decline in demand in the Slovak industrial property market. Total leasing activity amounted to 64,365 sqm, with net take-up representing 50,615 sqm. The vacancy rate rose to 7.72%, the highest level in recent years, according to the latest quarterly report from 108 Real Estate.

Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.

Penta Real Estate has attracted Alto Real Estate as a minority partner in its Chalupkova project in Bratislava through a joint venture arrangement. Alto will hold a 49% stake while Penta retains management control over the development and construction.

The Viedenská Road West residential development in Bratislava has received a final decision on the environmental impact assessment in its preparatory phase, allowing the developer, YIT, to proceed with further permitting processes.

Construction of a battery plant has begun in Šurany, Slovakia, with the strategic aim of supporting the development of electromobility, closely tied to the automotive industry. The project is also facing opposition from part of the public, reports yimba.sk.

JTRE has submitted project documentation to Bratislava City Hall, requesting a statement on the investment plan in the location next to Eurovea on the Danube embankment. The project has been designed with a dominating 220 m skyscraper, reports yimba.sk.

The companies Eurovea and Eurovea 2 have concluded a syndicated loan agreement with four major banks – Tatra banka, as the agent and arranger of the loan, Komerční banka, a branch of a foreign bank, Slovenská sporiteľňa, and Všeobecná úverová banka.

iO Partners has strengthened its Austrian operations with the launch of Project & Development Services led by Aleksandra Dorninger-Potkonjak.

The residential market with new apartments in Bratislava has experienced another significant recovery during the third quarter of 2025. According to a report by BuiltMind and Cushman & Wakefield, the number of available units increased by almost 17% compared to the previous quarter, which is the highest value since 2018.

CEE economies have been delivering solid GDP growth, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures, according to Colliers' latest report.