Activity on the Slovak property investment market hit €610m in 2014, its highest level since 2005, writes JLL in its latest market report. Two major transactions are behind the peak: the sale of Eurovea by Ballymore and Aupark by HB Reavis. JLL estimates that Slovak financial magnate Peter Korbačka of J&T paid over €364m for Eurovea, while NEPI cashed out €165m for Aupark Košice and its potential competitor: a redevelopment of the Malinovského army barracks HB acquired from the city a few months ago. Other major transactions included a logistics park in Senec by Prologis and a Tesco building in Skalice by Tatra Asset Management (TAM). TAM also bought the remaining buildings in the CBC complex in Bratislava.
