First Property Aquisition for Realtia


Nationwide Holding a.s., the sole shareholder of the investment company Realtia, secured* for 1. nemovitostni (realty) OPF REALTIA their first property investment. A subsidiary of Nationwide Holding a.s. has bought 67 % of the Palác Anděl project in Prague 5 - Smichov district from UBM a successful Austrian developer.

 

Prime Office and Retail Space in Palác Anděl 

Palác Anděl with an annual net operating income in excess of 2.8 million Euros, has more than 14 thousand square metres of prime office and retail space.

 

This prominent property will be the first investment secured for 1. nemovitostní OPF REALTIA. Palác Anděl is composed of four modern multifunctional buildings situated between Stroupežnického, Plzeňská, Radlická Streets and adjacent to the modern town square - Piazza Domino.

 

Companies such as ING Bank, Toyota Tsusho, Scandinavian Tobacco, BPP, PORR, UBM, IVAX a TEVA are some of the key tenants which have selected this address for their operations.

 

On the ground floor, restaurants such as JetSet, and SushiPoint have elected to establish their franchises along with sports retailer A3 Sport. Palác Anděl is part of the down-town city development known as Anděl City, including offices, luxury hotels and apartments as well as a multiplex cinema.

 

The Andel area of Prague 5 is currently one of the most dynamic districts in Prague. The transformation from an industrial area to a buoyant commercial and residential district has been a textbook case of a prosperous urban development.

 

Along with Prague district 1, it has become one of the most lucrative areas for development and investment. „As a seed investment for 1. nemovitostní OPF REALTIA, we have secured one of the most successful commercial projects in a very strong district in Prague.

 

The Andel’s location has seen a tremendous change in the last 15 years combining top level urban planning & development, modern transportation systems with virtually no future office and retail supply. In this rapidly maturing market quality location combined with a quality product will create sustainable value for their owners“ said Sebastien Dejanovski, a Realtia board member.

 

Realtia investiční, a.s. is the trustee of 1. nemovitostní OPF REALTIA, a special property fund. The company has received authorisation by the Czech National Bank for establishing funds according to the law on collective investment passed on the 20th of August 2007 and in legal effect from the 6th of September 2007.

 

Team of Professionals in Realtia

Realtia investments is managed by a team of professionals which have long term experience and significant results within the property investments field and share funds. They offer their expertise to both small investors and large institutions alike and guarantee a professional and qualitative approach to asset management.

 

The commercial policy and operation of Realtia is overseen by Martin Sankot, member of the board. Specialists for property transactions are board members Radim Bajgar and Sebastien Dejanovski, which are responsible for the successes of the Czech and Slovak Investment Advisors s.r.o.

 

This company is the primary asset manager of property activities for institutional investors in the Czech and Slovak Republics.  Sebastien Dejanovski and Radim Bajgar in the past have negotiated and closed on those markets, property transactions with a value in excess of 500 million Euros.    

 

OPF REALTIA

1. nemovitostní OPF REALTIA is focused on investments in quality commercial developments in attractive locations which generate long term stable revenue in the Czech Republic. In the future there is the possibility of expanding the investment goals outside of the borders and into the mature and maturing EU markets.

The investment aim of the fund is to ensure the participation of shareholders in the positive growth of the property industry. The fund improves the resources on the basis of revenue from the tenant, which due to location and quality of the property, must allow for a higher than average rentability rates and certain stability.

Namely for properties such as class A office buildings, shopping centres, multifunctional centres and possibly even logistic parks and luxury hotels.

Investment group Realtia enters the market with a wholly transparent culture, wide scope of services and investor support in the form of utilising a network range of external commercial partners., client service and internet applications, allowing for following the growth of your investment on line.




*The controlling stake in the company owning Palác Anděl will be reserved at least till the end-2008, so that the Fond will be able to buy it anytime during that period.

Note: The full name of the investment company is Realtia investiční společnost, a.s. the full name of the share fund is První nemovitostní, otevřený podílový fond (First open share property fund), Realtia investiční společnost, a.s. invests into share lists which do contain a risk of variation of the actual values invested and the profit from them.

 

The return of the initial invested amount is not guaranteed. Previous returns are not a guarantee that future returns will be the same.

 

 

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