ARTICLES LABELLED WITH TAG REICO

05
Dec
2019

Invest4SEE sells industrial park to REICO

by Property Forum
Invest4SEE has sold the second phase of the Invest4SEE Industrial Park Dubnica to REICO’s ČS nemovitostní fond for around €9.5 million. CBRE represented Invest4SEE in the negotiations.
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16
May
2019

The Czech investment market is not cooling down

by Ákos Budai
The Czech property investment market continues to post solid figures in an environment that is increasingly less bullish. One of the leading local players believes that a downturn of the current property cycle will eventually come from a major outside macro shock and before this happens, the Czech commercial property sector will keep showing positive figures. Tomáš Jandík, CFA, MRICS, REICO’s Chief Investment Officer shared his market expectations with Property Forum.
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14
Jan
2019

C&W appointed property manager of Warsaw office building

by Property Forum
In early October 2018, Cushman & Wakefield was appointed a property manager for Proximo II, an office building in Warsaw. The owner of the complex is ČS nemovitostní fond, the largest open-ended Czech investment fund managed by REICO.
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06
Dec
2018

REICO buys Ostrava shopping centre

by Property Forum
Meyer Bergman, an investment manager specialized in urban mixed-use real estate, has sold Forum Nová Karolina shopping centre in Ostrava, Czech Republic to REICO, Česká spořitelna's real estate fund manager. Cushman & Wakefield advised Meyer Bergman on the disposal of Forum Nová Karolina.
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13
Sep
2018

Hines sells Warsaw office building to REICO

by Property Forum
Hines, on behalf of the Hines Russia & Poland Fund (HRPF), has today announced the sale of the Proximo II office building for CS nemovitostní fond (CSNF), managed by REICO investment company of Česká spořitelna (REICO IS ČS).
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18
Jun
2018

HB Reavis sells Prague office building to REICO

by Property Forum
In mid-June, international property developer HB Reavis announced the completion of a major real estate deal. The developer sold its office property Metronom Business Center located in Prague-Butovice to ČS nemovitostní fond, managed by Česká spořitelna’s REICO investiční společnost, for a sum of €89.2 million (CZK 2.3 billon). JLL advised HB Reavis on the sale.
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21
Mar
2018

REICO buys its first industrial property in Slovakia

by Property Forum
REICO investiční společnost České spořitelny, a.s. has acquired, on behalf of the ČS nemovitostní fond, their first prime industrial asset in Slovakia from developer and investor Invest4SEE Investment Holding GmbH. JLL advised REICO IS ČS on their first industrial acquisition in Slovakia with a transaction value of €38.9 million.
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21
Feb
2018

REICO sells Prague office building

by Property Forum
REICO, on behalf of ČS nemovitostní fond, has sold the Táborská 31 office building in Prague 4, one of the longest holdings in its portfolio. The 8,144 sqm building was purchased by 100 Towers Holding.
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17
Oct
2017

CBRE becomes PM of Qubix in Prague

by Property Forum
CBRE won the tender from REICO IS ČS for managing the 13,800 sqm Qubix office building, located in Prague 4, which is certified according to the LEED Platinum methodology.
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28
Sep
2017

REICO buys Polish shopping centre for €164 million

by Property Forum
REICO, Česká spořitelna’s real estate fund manager, expanded its Polish portfolio by the acquisition of the Galeria Sloneczna shopping centre in Radom. The value of the fund’s new acquisition is approximately €164 million (CZK 4.3 billion). The seller is an American insurance group that developed the asset in a joint venture partnership with AIG/Lincoln (now White Star Real Estate).
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