The Slovak investment market has seen increased activity, with €170m of transactions closed since the beginning of 2015. For the whole 2015, JLL foresees total volume of as much as €370m. The industrial market has been the most active, with three deals closed in the first half of 2015. The third quarter has seen the sale of DNV Logistics Park to CTP Invest, (re-named CTPark Bratislava), and the sale of Immofinanz´s industrial portfolio to Logicor, an industrial platform owned by Blackstone. Two other major industrial transactions should close this year, predicts JLL.
Office investment volumes are expected to rise before the end of the year, as at least two office transactions are scheduled for closing. Retail has been slower, with only the sale of small regional shopping center Tulip Center by Pramerica attracting any attention.
