The commercial real estate investment market in Central and Eastern Europe continued strong growth also during the first half of 2025. The total investment volume reached EUR 5.36 billion, which represents a year-on-year increase of 51%. Slovakia ranked among the fastest growing markets in the region during this period.
The investment volume in Slovakia increased to EUR 536 million, which means a year-on-year growth of 315%. Thanks to this result, Slovakia gained a 10% share of the total regional volume. The main driver was large industrial transactions, with the largest being the cross-border acquisition of the Contera portfolio by Blackstone in the amount of EUR 100 million (out of the total EUR 470 million for the portfolio in the Czech Republic and Slovakia).
The strongest sector in Slovakia was industrial real estate with a share of 58%, followed by shopping centres (34%) and office buildings (8%). An important role was also played by the inflow of foreign capital, which accounted for 47% of the total volume, with Czech capital making up a significant part of the investments.
Yields in the Bratislava market remain stable, with the yield for the best quality office buildings at 6.25%, shopping centres at 6.50% and prime industrial real estate at 6.00%. It is expected that in the second half of 2025 the positive trend will continue, supported by the gradual easing of monetary policy and the growing interest of institutional investors.
Slovakia thus confirms its attractiveness for both foreign and domestic investors, with the greatest potential continuing to be seen in the logistics and industrial real estate segment.
