REALIA Fund closes 2024 with strategic acquisition in Pilsen region

REALIA FUND SICAV, a qualified investor fund specializing in retail park investments, concluded a successful 2024 with the acquisition of a retail park in Stod, located in the Pilsen region. This latest purchase increased the fund’s portfolio value to CZK 2.35 billion and brought its total number of retail parks to 19.

The Stod retail park houses four tenants: PENNY, TETA drogerie, Mountfield, and Press Media tobacco, all operating under long-term leases. “This acquisition aligns perfectly with our investment strategy, which prioritizes high-quality, fully leased retail parks with stable long-term rental agreements,” said Tomáš Oplíštil, a member of the fund’s investment committee and Commercial Director of REALIA GROUP. “With this property, we can immediately generate steady rental income and further solidify our position in the Czech market.”

REALIA FUND SICAV adheres to a conservative investment approach, focusing on properties with creditworthy tenants, long-term leases, and fixed interest rates on all loans. According to Oplíštil, this strategy has been a cornerstone of the fund’s success and will continue to guide its future investments.

The fund’s portfolio, now comprising 19 fully leased retail parks, features lease agreements typically ranging from five to ten years. This consistent approach underscores the fund’s commitment to stability and predictable income generation, securing its position as a trusted player in the Czech retail real estate market.

The acquisition in Stod marks a strong finish to the year for REALIA FUND SICAV, further reinforcing its reputation for prudent and strategic investments in the retail sector.