Slovak Real Estate Market: Office Segment Weakens

Published: November 20, 2013; 06:38 · (Vindobona)

In the third quarter of 2013, transactions in the office market were down substantially.

Slovak Real Estate Market: Office Segment Weakens / Picture: © Flickr

In total, transactions in the office market came at 19,014m2. Compared with the previous quarter, this is a 27% decrease. Against the third quarter of 2012, transactions fell 39%, according to the Bratislava Research forum.

79% of the transactions were new leases and 21% were extensions of existing contracts.

In general, the Slovak property market…

This article includes a total of 101 words.

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