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News Release

Bratislava

Destination Slovakia.

BRATISLAVA PROPERTY SUMMIT 2017


​​​The property investment volume in 2016 reached ca. €850 million, the highest level in the history of the Slovak market and 25% higher than the previous peak in 2005. The market is blooming thanks to availabity of attractive products in all sectors, reasonable buyers, high liquidity levels now comparable with matured CEE markets, and the sensible pricing expectations of sellers.

In 2017 investment volume reached approximately €140 mil.. The highest level of activity was in the industrial sector with €104 mil. transacted followed by offices with ca. €36 mil. Significant transactions in Q1 2017 included the sale of A-class office building Park One in Bratislava acquired by  REICO investiční společnost České spořitelny . The rest was secured by industrial players – one of which was also Prologis selling its Prologis park Nove Mesto to the Czech investment fund Arete Invest. 

In general, investors are increasingly looking at office opportunities in the capital with either institutional quality or asset management angles. In the industrial sector, after the large prime portfolios were recently sold, investors will be presented with several large single asset opportunities, B class locations and secondary assets. 2017 may also see prime, trophy retail assets changing hands.

“There is continuous upside potential in yields compression in the next coming months. With still attractive pricing, availability of good quality assets and improved liquidity, Slovakia has become an establihed investment destination,” says Miroslav Barnas, CEO JLL Czech republic & Slovakia, Head of Capital Markets SK.

This and more about the Slovak investment market will be discussed by the leading real estate professionals, senior economists, bankers and other industry experts at the tomorrow BRATISLAVA PROPERTY SUMMIT 2017 chaired by Miroslav Barnas from the international real estate consultancy firm JLL.

Anna Orcsik, Regional Manager at RICS, Central & Eastern Europe, says: „The importance of international standards cannot be underestimated in today’s fast changing world. They provide very clear reference points and I believe that our region will greatly benefit from further promoting and adopting these best practices as a guarantee of quality assurance by international investors, developers and other property professionals. Slovakia is a relatively new market for the RICS and it is very important to create platforms such as Bratislava Property Summit, for the industry experts to continue a dialog.“