Czech investment group Star Capital Finance (SCF) has launched a new subfund SCF Crop within its qualified investor fund SCF Investment Partners Sicav. The fund will focus on retail park investments across CEE, with properties valued at their actual purchase price and a target return exceeding 10% annually.
"Our portfolio is growing dynamically and we are planning further expansion in the coming months. We want to invest more specifically in retail parks," said Josef Malíř, CEO and owner of SCF. "By launching this new fund, we enable a broader group of investors to participate in our investment opportunities and portfolio growth."
The fund features a transparent fee structure with zero management fees, charging only performance-based compensation. The performance fee of 20% applies only above 6% returns for priority investment shares and is paid only after property sales, not based on valuations alone. Properties are included in the fund at their real purchase price without any value mark-ups.
SCF Crop is the second project-focused subfund of SCF Investment Partners Sicav, following SCF Eagle, which holds stakes in six shopping centres in Poland. SCF Eagle has achieved nearly 18% returns since its launch last autumn, significantly exceeding its 10% target.
The fund operates under Czech National Bank supervision with a minimum investment of €100,000 and a three-year lock-up period. SCF manages assets worth over €700 million, including shopping centres like OC Futurum Ostrava and OC Danubia in Bratislava, six large shopping centres in Poland, and office complexes including Lighthouse Towers in Prague.
