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.