The Luxent Group, whose main pillar is the real estate agency Luxent – Exclusive Properties, has established a qualified investor fund, Luxent Fund SICAV registered by the Czech National Bank, with a real estate sub-fund.
The fund is intended for qualified investors with a minimum initial investment of CZK 1 million (€39,700) or the equivalent in another currency. The fund manager is Versute investiční společnost. The fund targets an annual return of 10-15% and is intended for medium-term investments. The recommended investment horizon is 4 years.
The fund's investment strategy focuses mainly on real estate of both larger and smaller scale (residential and non-residential units, commercial real estate, land, other buildings and related premises). It will also focus on investment instruments with high potential performance and equity participation in companies in the real estate market. The total share of investments in real estate will be at least 90% of the entrusted funds.
The real estate agency Luxent – Exclusive Properties, which is closely associated with the Luxent Fund SICAV and is its professional advisor, has been operating in the Czech market since 2008. Its activities also include cooperation with developers and projects such as a boutique residential project in the industrial style Garden Lofts and the loft housing Lofty Anděl (both in Prague 5), the project of modern family houses in Velké Popovice or the mountain apartments Harrachov Peaks in Krkonoše.
