The Czech Development Fund SICAV, a.s. is designed for experienced and confident investors who appreciate attractive appreciation of their funds through participation in development projects. The fund focuses on investments in the development of residential, manufacturing and logistics properties in Central Europe. The implementation of the projects is overseen from start to completion by a project team of experts with many years of experience in real estate investment, project management and bank financing. This allows the fund to achieve maximum appreciation. You can invest in the fund starting from CZK 1 million.
CZECH Development Fund SICAV
up to 7 % p.a.
target return
CZK 1 billion
expected volume of the fund’s assets by the end of 2022
4 projects
by the end of 2022
Investment strategy
The fund’s strategy is to invest in yield-interesting development projects in the logistics, light manufacturing and residential construction sectors, to participate in their implementation and control, and to increase the value of the investors‘ invested funds in the subsequent sale of completed properties.
Acquisitions are aimed at:
- fully prepared projects intended for immediate commencement
- land with a valid zoning decision and building permit
- medium-sized projects valued at CZK 100 million and above
The return of the fund is generated from the increasing value of real estate during construction and from its subsequent sale. The recommended investment horizon is therefore 5 years.
Diversification of real estate supports the long-term stability of the fund’s performance and the growth of invested capital. The fund’s participation in the project from its very beginning until its sale allows it to actively influence the project’s design, construction progress, financing, and thus its future market value.
The fund chooses partners with experience in the construction and financing of development projects who share the same philosophy and values.
Preferred shares
Attractive investment appreciation thanks to preferred investment shares.
Qualified investors can participate in the development of residential or industrial real estate through „preferred investment shares“ (PIAs) with a conditional guarantee of returns that provide them with a return of up to 6.75% per annum, but with a minimum return of 5.75% per annum of the amount of the fund capital of the performance investment shares (VIA I).
This conditional guarantee is secured by a contribution from the fund’s founder, the DRFG Investment Group, which plans to hold at least 10% of the fund’s assets in the form of investment performance shares over the long term, thereby guaranteeing that the minimum return on the preference shares will be achieved even in the event of a below-target return. At the same time, it provides the fund with the necessary cooperation and support for the successful implementation of projects in the fund.
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Further information about the Czech Development Fund SICAV, a.s. can be found here>
Statutory information – notice for investors
Czech Development Fund SICAV, a.s. is a fund of qualified investors according to Act No.240/2013 Coll., on investment companies and investment funds; only a qualified investor according to Section 272 of this Act can exclusively become the shareholder or stockholder in this fund. In the case of an investment between CZK 1,000,000 and EUR 125,000, the suitability of such investment for the investor is assessed by the fund manager or administrator. The administrator warns investors that the value of investment in the fund might decline and rise and the return of the initially invested amount is not guaranteed. The fund performance in the previous periods does not guarantee the same or higher performance in the future. Investment in the fund is determined to achieve return during its long-term holding and it is therefore not appropriate for short-term speculation. In particular, potential investors should consider the specific risks that may arise from the investment objectives of the fund as set out in its statutes. The investment objectives are reflected in the recommended investment horizon as well as the fees and expenses of the fund. Detailed information is contained in the fund or sub-fund statutes, which can be obtained upon request at the AVANT IS registered office, or by sending a request to info@avantfunds.cz. For further important information, please refer to the Key Information Document (KID). The fund’s Key Information Document (KID) is available at: https://www.avantfunds.cz/informacni-povinnost/ or can be obtained by sending a request to info@avantfunds.cz. In paper form, the above information can be obtained at the registered office of AVANT investiční společnost, a.s. CITY TOWER, Hvězdova 1716/2b, 140 00 Prague 4 – Nusle. The specified information only has an informative character and neither constitutes a proposal for entering into a contract nor a public offer as defined by the provisions of the Civil Code. Information on the processing of personal data related to Act No. 110/2019 Coll., on personal data processing, can be found on the website of AVANT investiční společnost, a.s.: www.avantfunds.cz/gdpr/.
More information can be found under this link Important information about funds for investors | Avant (avantfunds.cz)
