We are at an inflexion point in the investment market

15
Apr
2026
News - We are at an inflexion point in the investment market #Bratislava Research Forum #CEE #Cushman&Wakefield #interview #investment #Slovakia

by Property Forum | Interview

Pricing adjustments and a more flexible approach from investors are beginning to unlock activity in the real estate investment market. In a video interview recorded at Bratislava Property Forum 2026, Rudolf Nemec MRICS, Partner & Head of Capital Markets at Cushman & Wakefield Slovakia, shared his expectations for the months ahead.


Where do you think we currently are in the investment cycle?

I think that currently we are at an inflexion point. It is a good time to buy in most geographies and across most asset classes.

Which key indicators or upcoming events will be most decisive in shaping investment activity over the next 6–12 months?

It is important to find the right opportunities that fit the investment criteria of individual investors. At the same time, the world has become slightly unpredictable, with geopolitical turmoil, impacts on the energy sector, potentially higher inflation and interest rates, and the overall availability of financing all playing a role.

Which investor groups are best positioned to drive transaction activity in Slovakia this year, and why?

From the figures we see and the discussions we are having, Slovak, Czech and Hungarian capital remains the core group of active investors. Ultimately, it comes down to pricing. Some assets can be acquired at more attractive returns in Slovakia compared to, for example, the Czech Republic.

Sometimes it is difficult to find the right opportunity, and it may simply be located in Slovakia. Overall, investors are now relatively flexible in terms of geography. They are more focused on the right opportunity, less on the asset class and even less on the specific country.




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New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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