Retail
New retail brands entering the market – Hebe, Ochnik, Aida, EL&N and many more. Sale of Aupark Bratislava remains the largest transaction. KLM Real Estate recently sold several prime retail parks to Czech investor Patria Investment Group. Additionally, six other major shopping centers across Slovakia are nearing the end of their sales processes.
Office
The vacancy rate has decreased for the third consecutive quarter, now at 13.17%, and further compression is expected. The demand for A+ and A-class office space remains robust, but the supply continues to be limited.
Industrial
In Q3, the sentiment in the industrial market reflects a desire to catch up with the "slowdown" experienced in the first half of the year. Several developers are looking to initiate speculative construction due to a perceived lack of pipeline.
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