THE FIRST RESIDENTAL CZECH RENTAL FUND
8.27% p.a
annual investor return for 2023
Why invest
in housing
PERMANENT DEMAND
Demand for rental housing is permanent and largely independent of the economic cycle.
GROWTH OF RENTAL INCOME
Rents in the Czech Republic have a long-term upward trend.
MONETARY ASSETS
Apartments are an easily monetizable asset.
INVESTOR RETURN
In addition to rental income, the potential for further growth in apartment prices.
PROFITABLE REGIONS
There are still very interesting revenue regions with above-standard annual investor return.
LIMITED RISK
Risks are limited and diversified across a large number of apartments/tenants.
CURRENT DATA ABOUT THE FUND (30. 6 .2024):
8.52 %
RIA investor return *
6/2023 - 6/2024
51.52 %
investor return of RIA from launch
81 %
year-on-year increase in AUM**
6/2023-6/2024
670 MM CZK
AUM
1515.22 CZK
RIA value
498 MM CZK
the value of the real estate portfolio
439
the number of investors in the RIA class
192
the number of units in the real estate portfolio
10,535 m²
total rentable area
*RIA = growth investment stock
**AUM = assets under management
ANNUAL INVESTOR RETURN
INVESTMENT STRATEGY
RESIDENTIAL REAL ESTATE
We invest in residential real estate with an attractive rental yield.
IDENTIFICATION OF REGIONS
The fund identifies regions with an optimal ratio between real estate prices, rental income and local economic specifics.
EFFICIENT INFRASTRUCTURE
We create an efficient infrastructure for real estate management, ensuring contact with tenants, rent collection and ongoing maintenance.
REGIONAL KNOWLEDGE
Local knowledge of the selected regions will allow you to find the best investment opportunities in the given area, including those that are not normally advertised.
OPTIMIZATION OF FINANCING
Increasing yield through the use of a reasonable range of bank financing.
Target investor return
6 to 10 % per annum*
OBJECTIVES OF THE FUND
Why invest with us?
An investor can buy real estate directly, which brings the following problems:
RISK CONCENTRATION
Most individual investors have the means to purchase a small amount of real estate, and if one tenant fails, the impact on overall profitability is significant.
ADMINISTRATION TIME REQUIREMENTS
Even for an investor who has the means to acquire a larger portfolio, there is a problem with effective management, which becomes unbearable with a larger volume of full-time work. The investor is often forced to entrust the management to an external company that is not explicitly interested in ownership, which leads to suboptimal results + the owner still has to regularly check the management and make decisions.
NEED FOR EXPERTISE
The property owner regularly encounters problems in the fields of construction, legal, taxation + expertise in a number of trades (water, topography, gas, electricity and many others) - as a "small" customer, he will never get good prices for services and will not create a complete know-how, especially in an environment of ever-changing legislation.
Investments with our fund solve all these disadvantages:
RISK DIVERSIFICATION
When investing in hundreds to thousands of apartments, the risk is divided into different regions, income categories and other factors. One-off individual revenue shortfalls will minimally affect total revenue.
INFRASTRUCTURE TO MANAGE
The founders of the fund have many years of experience in managing their own extensive portfolios, the apparatus for managing investments already exists and it is possible to expand it modularly .
ECONOMICS OF SCALE
A fund managing hundreds to thousands of apartments will always have better prices for work, materials and professional services, to manage a larger portfolio does not require an order of magnitude more people than to own an individual apartment building.
LONG-TERM EXPERIENCE OF THE FOUNDERS
The fund has at its disposal the existing know-how and experience of the founders and their associates (lawyers, tax advisors, construction experts, project managers).
Information about the risks associated with investing is contained in the fund statute and KID documents.
PORTFOLIO
19 properties
11 locations
2 countries
192 residential and non-residential units
10,535 m2 of leasable area
Investment company
Depository
Auditor
Supervision
Pavlova 3048/40
Ostrava, 700 30
Czech Republic
If you have questions or want to know more information, do not hesitate to contact us.
Information on the processing of personal data is available at: https://www.codyainvest.cz/ochrana-osobnich-udaju
Fond Českého Bydlení SICAV, as, ID number: 06872778, registered at the Municipal Court in Prague, section B, file 23263