After many attempts, approval and subsequent rejection, the new Construction Code has finally been approved in Slovakia, reports YIMBA.sk. It is supposed to be one of the important tools contributing to the economic competitiveness of Slovakia by simplifying and speeding up construction procedures. 

At the end of 2024, the Slovak residential real estate market has seen prices increase by 3% between quarters. Year-on-year growth rose to 6.7% over the same period. All types of apartments, as well as family houses, have become more expensive, comments Roman Vrbovský, the analyst at the National Bank of Slovakia in its latest market analysis.

The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 

P3 Logistic Parks is expanding its presence in the central Považie region of Slovakia by acquiring an existing park and adjacent land near Nové Mesto nad Váhom.

Alto Real Estate has obtained a valid zoning decision to construct its warehouse area at the entrance to Bratislava at the beginning of January. The process of obtaining a building permit is currently underway. 

Bratislava's residential market has recorded the strongest quarter since the pandemic period. Sales in Bratislava have grown for the fifth quarter in a row, according to the report prepared by BuiltMind in collaboration with Cushman & Wakefield.

Mlynské Nivy quarter in Bratislava is undergoing significant changes. The former industrial and warehouse area of Bratislava is becoming an attractive urban district with thousands of apartments, workplaces, shops and services. The extensive Mlynárka project from YIT Slovakia is developed here in several stages, the first of which has already completed its first important step, reports Yimba.sk.

Immocap is starting the first works on a plot of land in downtown Bratislava, between Bottova and Landererova streets. The developer is preparing the plot of land to become home to a new energy-efficient office building, a designer residence, and an urban forest. 

The winter port in Bratislava and its future change into a mixed-used urban district is a relatively hot topic. Alfa Group International has launched the Environmental Impact Assessment (EIA) process for its planned hotel near the winter port, reports Yimba.sk.

YIT Slovakia has presented the new management of the company. Now it consists of up to 8 directors. The change came at a time when YIT Slovakia plans to revolutionise construction and development.