In the fourth quarter of 2019, the total office stock of A and B grade quality in Bratislava amounted to more than 1.8 million square meters. 62% of the space is represented by class A office space and 38% by class B office space.
In the fourth quarter of 2019, three new office buildings were completed in Bratislava; The Corner, Blumenau, Bezručova Offices. There are ten office buildings under construction with completions in 2020/2021 and they will add approx. 130,000 sq m of leasable area to the Bratislava office market.
Transactions that have been concluded in the fourth quarter of 2019 amount to almost 62,000 sq m, which represents 133% increase of the let area compared to the third quarter.
The overall vacancy rate in Bratislava decreased in the fourth quarter to 8.73% from 8.80% in the previous quarter.