ARTICLES LABELLED WITH TAG RSJ

A new fund managed by Upvest and the investment company RSJ have secured a quarter share in the Černý Most shopping centre in Prague, reports Hospodářskénoviny.cz.

YIT has decided to continue in cooperation with the RSJ investment group. After the completed Vesi Hostivař project in Prague 15 and the planned residential construction in Brno, the two companies are joining forces for the realization of the Toivo Roztyly project in Prague 11.

The abandoned brownfield of the former Poldi Kladno steel mill in the Czech Republic is soon to be transformed. On a large part of the area belonging to the RSJ investment group, the developer Panattoni has started construction of industrial halls this summer, reports E15.cz.

RSJ Investment Group has announced the completion of the sale of a modern industrial hall near Chomutov with a leasable area of almost 40,000 sqm. The company Jungheinrich has been manufacturing forklift trucks since mid-2023. Patria Investment Company, a part of the ČSOB group, has become the new owner.

The RSJ investment group has completed the reconstruction of the U Červené lišky (At the Red Fox) building on Old Town Square in Prague. The investment group RSJ has owned the property U Červené lišky since December 2021 and evaluated the purchase more as a matter of the heart than as an investment.

YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

The majority owner of RSJ Investments is now the Co-Founder and Head of the Group, Libor Winkler, as another co-founder and presidential candidate Karel Janeček has sold all his shares. Janeček remains in RSJ's sister company, which focuses on stock trading, the daily E15 reports. Neither the group nor Karel Janeček would comment on the changes. 

Bratislava's iconic Pradiareň 1900 building is now wholly owned by investment group RSJ, which has bought the entire stake of the other co-owner YIT Slovakia. The total value of the transaction is approximately €35 million. RSJ announced the change in ownership structure on its website.

The pandemic has not changed the strategy of RSJ Investments. The company’s core focus in the real estate segment remains predominantly on investments in residential and logistics/industrial development projects. Nevertheless, the pandemic indeed makes certain asset classes, such as retail, riskier, admits Marcel Kolesár MRICS, Transaction Manager at the real estate division of RSJ Investments, in an interview to Property Forum.