Manova Partners, an international independent real estate investment firm, announced the successful 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 property, with an area of 62,245 sqm, was sold on behalf of a separate account. The parties have agreed not to disclose the sale price.
The logistics facility is strategically located roughly 40 minutes northeast of Bratislava in the small town of Sered. The property is an important part of Amazon’s European distribution network, with its location offering convenient transport links to key Slovakian and international logistics hubs.
The Amazon Return Center in Sereď is Manova Partners’ first investment in Slovakia, which was acquired back in 2017 – at that time still under the GLL Real Estate Partners brand. Throughout the entire holding period, the property generated stable and reliable income. With the sale, the value creation and sales strategy defined at the time of acquisition has now been fully realised.
Manova Partners has over 20 years of investment history in the CEE region and has completed transactions worth €4.1 billion since then. The company currently holds 14 offices and 20 logistics properties in the region with a volume of around €1.5 billion and an income-based occupancy rate of 96 percent.
With the sale of the asset in Sereď, Manova Partners’ transaction volume in 2025 now exceeds €530 million. Further acquisitions and sales are at an advanced stage.
“With this transaction, we have successfully implemented the strategy defined for our mandate while further consolidating our strong market position in the CEE region,” explains 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.”
