The coronavirus crisis has not impaired the interest of Slovaks in real estate. Apart from the purchase of an apartment, house, or cabin, there are also other investment options. Real estate funds are gaining in popularity. Thanks to them, investors are holding stakes not only in residential real estate but also in office buildings, malls, and industrial parks, says Wood & Company analyst Eva Sadovska.
According to data from Slovakia’s Central Bank, assets in real estate funds in Slovakia reached 1.986 billion euros as of September 30, 2021, up 18% y-o-y and 3.4% q-o-q. Since the onset of the pandemic, i.e., since December 31, 2019, the volume of assets in real estate funds has increased 27%. Sadovska points out that in the long term, yields of real estate funds tend to be higher than the inflation rate.
Source: SITA
