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Articles - Bratislava

Central European Office Market Update

According to Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm’s latest Central European office market update, by the end of September 2014 take-up in the CEE region exceeded 1.17 million sq m compared with only 410,000 sq m of new supply being delivered to the market.

RECORD TAKE-UP FOR CENTRAL EUROPEAN OFFICE MARKET

Take-up in the CEE region exceeded all previous levels and hit a new record high of 1.4 million sq m office space being transacted in 2013, according to Cushman & Wakefield (C&W) the world largest privately held commercial real estate services firm in their latest Central European office market update. The market report analyses Bratislava, Budapest, Prague and Warsaw where the total combined office stock equates to nearly 12 million sq m, tempered by limited new supply being released in the region (circa 436,000 sq m).