2025-03-26
finance

REALIA FUND SICAV, a qualified investor fund specialising in regional retail parks, recorded a net return of 9.18% on CZK-denominated shares and 8.12% on EUR-denominated shares for 2024. Since its establishment in 2020, the fund has delivered an average annual return of 9.91%, reflecting its capacity to navigate changing market conditions. According to Tomáš Oplíštil, member of the fund’s investment committee and Chief Commercial Officer at REALIA Group, last year’s results were driven by regular rental income adjusted for inflation and a positive revaluation of the retail park portfolio. In February 2025, the fund marked its fifth anniversary. Over this period, it has weathered several external pressures, including the COVID-19 pandemic, energy price increases, rising interest rates, and subdued consumer spending. Despite these challenges, the fund has maintained its performance and continued to follow a stable investment strategy. REALIA Fund follows a conservative investment model, focusing on carefully selected properties rather than pursuing high-priced acquisitions. It prioritises assets that offer long-term income stability, with financing secured at fixed interest rates and leases generally signed for five years or more. The fund currently manages assets worth CZK 2.7 billion and holds 20 retail parks in its portfolio. Its most recent acquisition was completed in February 2025. Approximately 80% of its investors are individual qualified investors, with the remainder comprising corporate entities, municipalities, non-profit organisations, other investment funds, and one bank.