Kuehne+Nagel Group returned to significant year-on-year profit growth in the fourth quarter. Profitability improvements were achieved in sea and air logistics in the second half of 2024. Acquisitions with increasing value were completed in North America and Asia.
Prologis, a global leader in logistics real estate, continues to maintain high occupancy rates in Slovakia. In 2024, Prologis Park Bratislava achieved 99.6% occupancy, surpassing both the national and European averages.
Development company Panattoni is significantly strengthening its team in Slovakia with the appointment of Ivan Pastier, an experienced industrial development expert, as Commercial Director. His arrival signals Panattoni’s ambitious plans as one of the largest private development companies in the field of developing modern and sustainable industrial parks on the Slovak market.
The latest financial results of CTP N.V. show that CTP's average market share in the Czech Republic, Romania, Hungary and Slovakia increased to 28.8% as of December 31, 2024, confirming its position as the largest owner and developer of industrial and logistics real estate in these markets. The Group recorded a 16.1% year-on-year growth in rental income.
The year 2025 brings a number of new opportunities, but also challenges, for the logistics and warehousing industry. Let's take a look at the key trends and risks that will shape the industry in the coming year.
The year 2024 was a challenging one for the Slovak real estate market, as the total volume of real estate investments reached EUR 484 million, which is a year-on-year decrease of 27 percent. The main reason was the tight monetary policy of the European Central Bank (ECB), which kept the base interest rate at a record high at the beginning of the year. This affected investment activity and caused several investors to reconsider their strategies. The change came only in June, when the ECB, after a long period of tightening monetary policy, proceeded to reduce interest rates for the first time.
The Volkswagen Slovakia production plant, in cooperation with the group companies Volkswagen Immobilien and Volkswagen Group Real Estate Slovakia, has officially opened the expanded LOZ IV logistics center. The sustainable hall provides the necessary logistics space required for the future arrival of the new all-electric Porsche Cayenne.
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