Overall Amount of 2024 Investments in Slovakia Approaches €600 Mn

Bratislava, December 26 (TASR) - The overall amount of 2024 investments in Slovakia has reached up to €600 million, with the greatest transaction in the Slovak market being the sale of Czech and Slovak portfolio of Contera logistic parks to a company called Blackstone, the largest global administrator of alternative investments, real-estate consultancy firm Cushman & Wakefield has reported. The overall value of the logical parks investment equalled €470 million and the sale featured also logistic parks in Raca, Svaty Jur and Maly Saris. "At the times of uncertainty, the Central European region has become a place of interest for local capital, which managed to respond to geopolitical risks efficiently. The investment worth half a billion, by a global institutional player, in our area strongly signals that the global capital is back and will become active again in the following years," stated head of Cushman & Wakefield Slovensko capital markets department Rudolf Nemec. The Central European market of commercial real estate has recorded a growth in investment as 2024 nears its end. The estimated volume of investments in the region is expected to reach €3.5 billion in the 4Q24, with the total amount of investments in Poland, the Czech Republic, Slovakia and Hungary forecast at €7.7 billion. mf