Strong investment activity has resumed in the commercial real estate market this year. According to the Slovak Central bank (NBS), the volume of investments for the whole of 2018 could approach the record year of 2016. At the same time, there is high demand from end-users, which is reflected in the highest occupancy rate of office space. In the residential segment, the growth of prices continues for new buildings, which are gradually reaching pre-crisis levels, and the number of available apartments on offer is decreasing. The annual growth of loans in the commercial real estate sector accelerated to 6.5%, according to the central bank. Financing, however, is more cautious on the part of banks in comparison with the pre-crisis period.
Anca Dragu Foto: TASR
