Tuesday, 16 December 2025
Manova Partners, an international real estate investment firm based in Munich, has completed the sale of the Amazon Returns Center in Sereď, Slovakia, to ERSTE Realitná Renta, a fund managed by the Slovak branch of Erste Asset Management. The transaction was carried out on behalf of a separately managed account. The parties did not disclose the purchase price.
The logistics property comprises approximately 62,245 sq m and is located around 40 minutes northeast of Bratislava, in the town of Sereď. The facility forms part of Amazon’s European logistics network and benefits from transport connections to Slovak and cross-border distribution routes.
The Amazon Returns Center in Sereď was Manova Partners’ first investment in Slovakia, acquired in 2017 under its former GLL Real Estate Partners brand. According to the company, the asset generated stable income throughout the holding period, and the sale concludes the value creation and exit strategy defined at acquisition.
Manova Partners has been active in Central and Eastern Europe for more than 20 years and has completed transactions totalling approximately €4.1 billion in the region. Its current CEE portfolio includes 14 office and 20 logistics properties with a total value of around €1.5 billion and an income-based occupancy rate of 96%.
Following the disposal of the Sereď asset, Manova Partners’ transaction volume in 2025 has exceeded €530 million. The company stated that additional acquisitions and disposals are currently at advanced stages.
“With this transaction, we have successfully implemented the strategy defined for our mandate while further consolidating our strong market position in the CEE region,” said Katarina Horvathova, Head of Transactions CEE at Manova Partners. “We have been investing in Central and Eastern Europe for over two decades and continue to see attractive fundamentals for high-quality logistics real estate. The sale in Sereď underscores the sustained demand for core assets and marks an important milestone in what has been a very dynamic transaction year for us.”
