The REALIA FUND SICAV qualified investor fund, focused exclusively on investments in regional retail parks, boasted results for 2024. It brought investors a net return of 9.18% (CZK shares) and 8.12% (EUR shares). Since its inception in 2020, it has achieved an average annual appreciation of 9.91% p.a., which demonstrates its ability to adapt to market fluctuations.
The qualified investor fund REALIA FUND SICAV expanded its portfolio with another acquisition at the end of January. It recently added a retail park in the village of Dobrá in the Frýdek-Místek district. With the purchase of the twentieth commercial property, the total value of the fund's portfolio increased to 2.5 billion crowns.
The BMW Group will soon operate its overseas logistics from the logistics park in Mošnov. Following the issuance of a valid building permit, the development company Concens Investments has started the construction of the 3rd stage of the Ostrava Airport Multimodal Park complex at Leoš Janáček Airport in Ostrava Mošnov. The BMW car manufacturer will have three new halls at its disposal, which it will use on the basis of a ten-year pre-lease. The complex will be connected, among other things, to the railway terminal.
The past few years certainly haven’t been easy for retailers. A pandemic, global chain disruptions and shortages, inflationary pressures that have squeezed consumers’ wallets and increased product costs, economic uncertainty and geopolitical instability have resulted in the closure of thousands of stores and the demise of numerous brands. Not content with all this economic disruption, a new phase of digital technology has altered consumer behaviour and increased expectations, changing the retail marketplace forever. Growth opportunities exist, but seizing them requires new mindsets, technologies, supply chain capabilities, and logistics networks.
The study, carried out as part of the upcoming Panattoni Park Pilsen West III project by Buildigo, showed that dark facades mean up to a threefold increase in the heat island effect compared to the use of light facade surfaces. The combination of light surfaces and strategically placed greenery can also improve the perceived temperature by up to 20 percent, even compared to the original undeveloped location. The results of the study were published by the developer Panattoni.
American equity firm Blackstone is buying CT Real Estate, a portfolio of ten logistics parks, for €470 million from TPG Real Estate. The mentioned industrial properties currently cover an area of approximately 500,000 square meters in the Czech Republic and Slovakia. Five years ago, TPG Real Estate created a joint venture with the developer Contera and thus acquired its portfolio, which has since quadrupled with joint efforts.
Urban and industrial zone development planning, renewable energy sources, strategic investments, and ESG reporting. The Bold Future conference, which was hosted by the Prague Congress Center on Tuesday, November 12, addressed these topics with a unifying focus on sustainability.
