#Retail
27.08.20253 minutes read

The real estate investment in Slovakia has increased by 170% compared to last year.

The real estate investment in Slovakia has increased by 170% compared to last year.
  • €418 million was invested in Slovak real estate in the first half of 2025.
  • Retail sector took the largest share of the investment volume, attracting strong interest.
  • Notable transactions included the acquisition of TESCO retail parks and the purchase of VIVO! shopping center and Galéria Petržalka, facilitated by CBRE.

In the first half of 2025, €418 million was invested in real estate in Slovakia, encompassing a total of 11 different transactions. This represents a significant 170% increase compared to the previous year. These figures demonstrate a strong recovery in the investment market and transactional activity.

Slovak investors dominated in terms of capital origin, with a 25% share. Investors from the Czech Republic and Hungary each accounted for 20%. From Western European countries, investors from Switzerland (17%), the United Kingdom (9%), and Germany (5%) were most active. The remaining 4% came from Asia, specifically Singapore.

  • RETAIL ACCOUNTED FOR 44% OF THE TOTAL INVESTMENT VOLUME

Looking at individual sectors, retail dominated, accounting for 44% of the total investment volume. This was followed by the industrial and logistics sector with nearly 42% and the office sector with 14%.

Ľubor Procházka
Ľubor Procházka Commercial Director, CBRE Slovakia

"The retail sector accounted for a significant share of the investment volume in the first half of 2025. This reflects a shift in investor interest towards consumer-focused assets across Slovakia. Strong interest continues in regional retail projects, shopping centers, and retail parks, which are becoming increasingly attractive to both investors and tenants,"

  • VIVO!, GALÉRIA PETRŽALKA, AND TESCO RETAIL PARKS WITH NEW OWNERS

A significant transaction was the acquisition of the TESCO retail park portfolio by Hungarian investor Shopper Park Plus, which included parks in Žilina, Nitra, Trnava, and Dunajská Streda. The investment group Wood & Company acquired the well-known Bratislava shopping center VIVO! along with the Myhive I and II office buildings, as well as the adjacent land with potential for future development. The shopping center has a total area of 35,000 m², and the office buildings offer around 40,000 m².

Vivo retail

CBRE facilitated the sale of the Galéria Petržalka shopping center to Bluehouse Capital from the United Kingdom. This retail project has a leasable area of approximately 20,000 m².

The Swiss investment fund Stoneweg acquired the entire European portfolio of industrial and logistics properties of Cromwell, in Slovakia with an area of nearly 90,000 m². The Czech investment fund REICO added an investment property in Senec to its portfolio, with a transaction volume of €65 million. The property provides a leasable area of approximately 60,000 m².

  • YIELDS REMAIN STABLE

In the office sector, the prime yield is at 6%, remaining stable. Similarly, the prime yield in the industrial and logistics sector (6.25%) and shopping centers (6.5%). Retail parks have the highest prime yield (6.75%).