The Office Investment Market in CEE Is Growing. What Is the Impact on Slovakia?
Investment activity in the Central and Eastern Europe region rebounded significantly in 2025. The total transaction volume reached approximately €11.8 billion, representing a year-on-year increase of 34% and the strongest result since 2019.
This development has been driven by the return of liquidity to the market and growing activity from domestic investors. These investors now account for around 65% of the total investment volume, significantly changing market dynamics and increasing its stability.
Office real estate has once again come into focus and represents the largest share of the investment market. Its attractiveness is mainly driven by the combination of stable demand and limited new supply.
Key factors supporting the office sector:
- low level of new development
- stable tenant demand
- growing importance of ESG criteria
- strong interest in high-quality spaces in prime locations
Slovakia recorded one of its strongest years in terms of investment activity, with cross-border transactions and Czech capital playing a significant role. The market is gradually maturing and becoming increasingly attractive to institutional investors.
The fundamentals of the office market remain stable. Limited development is gradually contributing to declining vacancy rates and supporting rental growth in high-quality projects.
The outlook for the coming period indicates a continued focus on quality and sustainability. Investors are expected to prioritize assets that offer long-term income stability and meet ESG standards.
