Realia Fund Sicav has expanded its portfolio with a newly built retail park in Šumperk in the Czech Republic. Owning currently 21 retail parks the fund has exceeded its portfolio to the value of CZK 2.8 billion (€112 million).
The retail park in Šumperk was completed in 2024 and its 3,100 sqm retail area offers five rental units: the Penny supermarket, Action, Teta drogerie, Sinsay and Traficon.
“This is a modern project with a suitable tenant mix and good transport accessibility. We believe that it will be a stable source of income with long-term potential,” comments Tomáš Oplíštil, Member of the fund’s investment committee and Commercial Director at Realia Group.
Realia Fund Sicav has long adhered to a conservative approach to investing, which is already reflected in the selection of properties. The fund focuses exclusively on fully leased retail parks. Financing is always provided at fixed interest rates, usually for a five-year period, and all lease agreements include inflation clauses as standard.
