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ČS nemovitostní fond


The portfolio of commercial properties in the Republic and other Central European countries

ISIN:
CZ0008472545

2019/11/12
NAV
1.2313
Difference 0.00% (0.00)

General attributes

Fund typeReal Estate Funds
Investment companyREICO Investiční společnost České spořitelny, a.s.
CurrencyCZK
Type-
Begin of subscription period-
Inception2007/02/26
Licenced inCZ
Duration of fundopen end
Distribution-
Total assets24,975,390,000.00 CZK
Fiscal year01/01 - 12/31
Initial charge1.50%
Management fee1.75%
Ongoing charges1.92%
Minimum investment300
Account number35-2001349369/0800
Recommended holding periodAt least 5 years
Investor experience-
Investor tolerance2 (scale 1-7)

Fund PDF download

CZ Monthly fund reportPDF Download
CZ Flyer PDF Download
CZ ProspectusPDF Download
CZ Video REICOPDF Download
CZ Key investors informationPDF Download

Scale: ABS REL


The chart shows the current fund share unit price (NAV) of the nominal value of an investment company proclaimed on that working day. Performances under 12 month have only little informative value.  Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of
• Relatively stable yield, consisting mainly of income from the leased buildings.• Low dependence of the fund yield on the development of stock and bond markets. • Protection against inflation - the main source of the fund yield - income from leasing is hedged against the inflation growth by the so-called inflation clause included in lease contracts.• The fund portfolio is distributed among several properties – both regionally and pursuant to the manner of use. • Low initial investment• the minimum investment is CZK 300. • The fund performance may be affected by Changes on the real estate market.• The values of real estate may drop and thus affect the fund performance negatively.• Part of the property in portfolio of the fund and also part of the rents arising from property in the portfolio is priced in euros. The total performance of the fund may be influenced also by developments in the exchange rate EUR / CZK.

Secondary market

Purchase of share certificates
You need to conclude an Investment Services Agreement to invest in the open-end mutual funds. Then you just need to remit the invested amount to the collection account number of the selected fund and indicate the Asset Account number as the variable symbol (stated in the Investment Services Agreement). It is more convenient to use a regular investment order for regular investments (e.g. via internetbanking) because you can get a discount (the terms and conditions are shown in the Price List). The internetbanking allows you to continuously follow the trend in your investments.

Redemption/sale of share certificates
To redeem share certificates, please visit any branch of Česká spořitelna or use the services of our internetbanking.

For new clients:
If you have not invested with Česká spořitelna yet, contact your personal advisor or come to any branch of Česká spořitelna, or use the free phone line 800 468 378, where we will gladly answer your questions and help you to choose the most convenient investment solution.



Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Performance goal and investment strategy

The performance objective of the fund is to exceed the yields on government bonds of the Czech Republic through investments in a broadly diversified portfolio of commercial real property: Administrative buildings, logistic parks, shopping centres, hotel complexes and residential projects in the long term. The main part of the fund yield consists of income from owned real estate. The income combined with real estate active management and growth of the real estate market price can generate very interesting yields. The fund invests up to 80% of its means in tangible, visible and easy to valuate assets, i.e. in specific real estate. The fund holds remaining 20% in quickly liquid financial assets to secure the payout of buying stockholders.

Performance (2019/11/07)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 3.34 2.87 4.58 3.50 3.10 3.00 1.65

Annual performance in % (2019/11/07)

Period 2014 2015 2016 2017 2018
Perf 3.56 2.28 2.44 2.51 3.38

Statistical figures (-)

Sharpe Ratio-
Volatility in %-

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.

Minimum & maximum performance in % p.a. (2019/11/07)

1Y
5.95
 
-14.11
3Y
3.52
 
-2.81
5Y
3.27
 
-0.65
10Y
3.11
 
1.03

Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Commercial Building

140 00 Praha 4, Budějovická, Czech Republic

Description:

Budova Trianon se nachází v jedné z nejprestižnějších lokalit v Praze s vysokou koncentrací kvalitních komerčních nemovitostí (osa Budějovická/Pankrác), ve které se v rámci celého českého trhu pohybuje míra neobsazenosti na nejnižších úrovních. Z hlediska typu nemovitosti se jedná se o multifunkční budovu, ve které převládají kancelářské prostory. Celková hrubá podlahová plocha je přes 35 tisíc m2 a celková pronajímatelná plocha nemovitosti je téměř 21 tisíc m2. Development a stavbu budovy provedla společnost HOCHTIEF Development ČR podle architektonického návrhu renomované kanceláře Pata & Frydecký Architekti. Stavba byla dokončena v roce 2009. Budova, které dominuje dvanácti patrová rohová věž, má osm nadzemních a tři podzemní podlaží. Platforma budovy je založena na půdorysu ve tvaru písmene E, což umožnilo maximálně využít tvar pozemku a vybudovat dispozičně velmi efektivní administrativní prostory špičkové kvality.

Object data:

Usable area (m2): 20,600 m2
Use of building: Commercial Building
Address: 140 00 Praha 4, Czech Republic
Current value: 1 770 000 000
Date of purchase: 2013/03/27

Commercial Building

110 00 Prague 1, Václavské náměstí 793/36, Czech Republic

Description:

The Melantrich multi-function building is located in the very centre of Prague, in Wenceslas Square. The building, erected at the beginning of the 20th century in the late Art Nouveau style for the needs of the Czech National Social Party, boasts a rich history. It is named after an important Czech Renaissance publisher, Jiří Melantrich of Aventino, and has witnessed the publication of party brochures for the Czechoslovak Socialist Party as well as Václav Havel’s speech to protesters during the Velvet Revolution in 1989. The twelve-storey building was completely renewed in 2003-2004 and offers retail and office premises as well as 60 residential flats and 36 parking spaces. The largest tenant in the building is currently the multinational retail chain Marks & Spencer.

Object data:

Usable area (m2): 10,300 m2
Use of building: Commercial Building
Address: 110 00 Prague 1, Czech Republic
Current value: 1 210 000 000
Date of purchase: 2010/11/11

Commercial Building

140 00 Prague 4, Štětkova, Czech Republic

Description:

Moderní multifunkční nemovitost QUBIX se nachází v Praze 4, poblíž stanice metra Vyšehrad a Kongresového centra. Jedná se o kvalitní a vyhledávanou lokalitu v bezprostřední blízkosti centra města s výbornou dopravní dostupností a infrastrukturou. Tato desetipatrová budova (8 pater nadzemních a 2 podzemní), která byla postavena v roce 1979 a v letech 2010 až 2012 prošla kompletní rekonstrukcí s velmi vysokým standardem provedení stavebních úprav, splňuje nejvyšší požadavky současné doby. Celková pronajímatelná plocha činí téměř 14 tisíc m2 a z většiny je již obsazena. Převládají moderní kancelářské prostory, objekt disponuje také dostatečným počtem parkovacích míst (celkem 108, z toho 67 v podzemí). Budova QUBIX se jako jedna z prvních zařadila mezi ekologicky a ekonomicky nejšetrnější komerční nemovitosti v České republice, když v závěru roku 2012 získala nejvyšší stupeň environmentální certifikace LEED Platinum.

Object data:

Usable area (m2): 13,876 m2
Use of building: Commercial Building
Address: 140 00 Prague 4, Czech Republic
Current value: 974 160 000
Date of purchase: 2014/03/27

Commercial Building

370 05 České Budějovice, Milady Horákové 1498, Czech Republic

Description:

The ČTYŘI DVORY commercial and entertainment centre is located in the largest housing estate in České Budějovice. This makes it easily accessible by public transport not only for the inhabitants of České Budějovice (from the centre as well as from other outskirts) but also for suppliers. The commercial centre consists of two interconnected buildings. The centre offers a mix of retail units on its commercial premises, such as an Albert supermarket, a chemist’s – Rossmann – and a Raiffeisenbank office. Its entertainment part features for example the only multiplex cinema in České Budějovice – Cinestar with 8 screens – as well as a bowling alley, a restaurant and a disco. There are 300 parking spaces available outdoors.

Object data:

Usable area (m2): 11,000 m2
Use of building: Commercial Building
Address: 370 05 České Budějovice, Czech Republic
Current value: 289 000 000
Date of purchase: 2007/12/07

Logistic Building

018 41 Dubnica nad Váhom, Priemeselná 4606/6, Slovakia

Description:

Industriální park Dubnica se nachází v regionu západního Slovenska, který společně s bratislavským regionem soustřeďuje 93% industriálních ploch v zemi. Největším nájemníkem industriálního parku Dubnica je německá společnost Continental, přední světový výrobce pneumatik a dodavatel technologických řešení pro automobilový průmysl. Společnost Continental představuje cca ¾ pronajímatelné plochy nově pořízené nemovitosti. Dalšími důležitými nájemci budovy je švýcarská dopravní a logistická společnost Kuehne+Nagel, potravinový řetězec Lidl a holandská pivovarnická skupina Heineken.

Object data:

Usable area (m2): 89,384 m2
Use of building: Logistic Building
Address: 018 41 Dubnica nad Váhom, Slovakia
Current value: 980 000 000
Date of purchase: 2018/03/17

Administrative Building

821 04 Bratislava - Ružinov, Mokráň záhon 2, Slovakia

Description:

The Trnávka Office Centre administrative building is located in an attractive part of Bratislava – Ružinov, in a developed commercial zone adjacent to a motorway and the Bratislava Airport. The commercial zone includes retail activities (IKEA, HORNBACH, AVION SHOPPING PARK), office buildings, warehouses and distribution centres. The site has great potential for future development (additional offices, shops and restaurants are planned to be constructed), which will have a positive effect on the building’s market value in the future.
The building is a modern, five-storey, Class A building, completed in the autumn of 2007. Its rectangular ground plan allows efficient use of each storey. Its gross leasable area is 4,500 m2; it also features terraces with a total area of more than 300 m2 and 55 parking spaces. More than 90% of all premises are leased at the moment.

Object data:

Usable area (m2): 4,500 m2
Use of building: Administrative Building
Address: 821 04 Bratislava - Ružinov, Slovakia
Current value: 112 840 000
Date of purchase: 2008/06/02

Administrative Building

616 00 Brno, Veveří 111, Czech Republic

Description:

The Platinium Administrative Centre is located in one of the most attractive parts of Brno, in a natural centre of academic and executive institutions and in the close vicinity of one of the city’s dominant features – a trio of of the largest administrative buildings in Šumavská Street. Platinium is an administrative building with 8 floors with a gross leasable area of 8,674 m2. It was completed in August 2005. The basement offers its visitors 48 parking spaces. The ground floor has the central reception, a bank office, retail premises, a cafeteria and a restaurant, a business café, an art gallery and an entrance to the yard. This features a roofed parking lot for 58 cars and an entrance to the basement with garages.

Object data:

Usable area (m2): 9,600 m2
Use of building: Administrative Building
Address: 616 00 Brno, Czech Republic
Current value: 560 000 000
Date of purchase: 2007/08/31

Commercial Building

817 62 Bratislava - Ružinov, Bajkalská 28, Slovakia

Description:
Multifunctional building Forum BC I

Object data:

Usable area (m2): 18,538 m2
Use of building: Commercial Building
Address: 817 62 Bratislava - Ružinov, Slovakia
Current value: 1 272 902 000
Date of purchase: 2015/12/15

Administrative Building

186 00 Prague 8, Rohanské nábřeží, Czech Republic

Description:

Rohan Business Center je 10 patrová administrativní budovu s převládajícími kancelářskými prostory (8 nadzemních pater, 2 podzemní). Celková pronajímatelná plocha nemovitosti činí zhruba 9,7 tisíc m2 přičemž 100% pronajímatelné plochy budovy je obsazeno. Budova  má celkem 100 parkovacích míst, ve 2 podzemních patrech. Největším nájemcem budovy je investiční a finanční společnost East Orange, která je součástí české Natland Group. Společně s druhým a třetím největším nájemcem, mezinárodní společností Kuoni zabývající se marketingem a managementem cestovního ruchu (tzv. destination management) a společností Bodycote, předním světovým poskytovatelem tepelného zpracování, zaujímají téměř 50% pronajímetelné plochy budovy.

Object data:

Usable area (m2): 9,732 m2
Use of building: Administrative Building
Address: 186 00 Prague 8, Czech Republic
Current value: 708 972 000
Date of purchase: 2016/04/01

Administrative Building

140 78 Prague 4, Hvězdova 1716/2b, Czech Republic

Description:

Budova City Tower má 27 nadzemních pater s převládajícími kancelářskými prostory, 3 podzemní patra se 781 parkovacími místy a celková pronajímatelná plocha nemovitosti činí zhruba 48,9 tisíc m2. Veškerá pronajímatelná plocha budovy je plně obsazena.
Největším nájemcem budovy je společnost Raiffeisen Bank, která zaujímá zhruba 40 % celkové pronajímatelné plochy. Mezi další nájemce patří například e-commerce společnost Concur, která je součástí německé SAP Group, mezinárodní konzultační společnost AC Nielsen, nebo centrála automobilky Peugeot ČR.

Object data:

Usable area (m2): 48,899 m2
Use of building: Administrative Building
Address: 140 78 Prague 4, Czech Republic
Current value: 4 390 509 000
Date of purchase: 2016/06/27

Administrative Building

811 06 Bratislava, Náměstí 1. Mája 18, Slovakia

Description:

Budova Park One se nachází v exkluzivní lokalitě přímo v centru Starého města na náměstí 1. Mája, která se řadí mezi hlavní kancelářské části Bratislavy. Budova Park One má vynikající dopravní dostupnost. Z hlediska typu nemovitosti se jedná se o 13 patrovou administrativní budovu s převládajícími kancelářskými prostory (9 nadzemních pater, 4 podzemní). Budova Park One má celkem 167 parkovacích míst, ve 4 podzemních patrech.
Největším nájemcem budovy je pobočka americké e-commerce společnosti Amazon.

Object data:

Usable area (m2): 13,200 m2
Use of building: Administrative Building
Address: 811 06 Bratislava, Slovakia
Current value: 960 000 000
Date of purchase: 2017/01/20

Commercial Building

00-838 Warsaw, Prosta 68, Poland

Description:

Budova Proximo I se nachází v exkluzivní lokalitě na ulici Prosta, v městské části Wola, která je hlavní a rychle se rozvíjející obchodní čtvrtí centrální Varšavy. Proximo I má vynikající dopravní dostupnost. Podle typu nemovitosti se jedná se o 15 patrovou administrativní budovu s převládajícími kancelářskými prostory (12 nadzemních pater, 3 podzemní).
Celková pronajímatelná plocha nemovitosti činí zhruba 29,2 tisíc m2. Budova Proximo I má celkem 428 parkovacích míst, ve 3 podzemních patrech. Největším nájemcem budovy je lokální pobočka americké společnosti Stanley Black & Decker, která zaujímá zhruba 17% celkové pronajímatelné plochy a společně s polskou personálně poradenskou společností Grupa Pracuj a japonskou farmaceutickou společností Takeda zaujímají zhruba 40% celkové pronajímatelné plochy budovy.

Object data:

Usable area (m2): 29,000 m2
Use of building: Commercial Building
Address: 00-838 Warsaw, Poland
Current value: 3 078 000 000
Date of purchase: 2017/08/09

Commercial Building

26-600 Radom, Bolesława Chrobrego 1, Poland

Description:

Galeria Sloneczna je dvoupatrové obchodní centrum se 164 obchodními jednotkami, jehož součástí jsou podzemní i nadzemní garáže. Celková pronajímatelná plocha nemovitosti činí zhruba 40,9 tisíc m2 a obsazeno je 93 %. Mezi největší nájemníky patří mezinárodní oděvní značky Reserved, Zara, H&M, T.K. Max, francouzský hypermarket Carrefour, multiplex Multikino, sportovní řetězec InterSport a lokální obchodní řetězec se spotřebním zbožím RTV EURO AGD. Galeria Sloneczna je dominantní nákupní centrum v centru města obsluhující spádovou oblast až 700,000 obyvatel. Nemovitost byla postavena v roce 2011 společnosti Porr, development budovy provedla lokální pobočka americké společnosti AIG/Lincoln (nyní White Star Real Estate).

Object data:

Usable area (m2): 40,900 m2
Use of building: Commercial Building
Address: 26-600 Radom, Poland
Current value: 4 300 000 000
Date of purchase: 2017/09/27

Administrative Building

158 00 Prague 5, Bucharova 2817/9-13, Czech Republic

Description:

Administrativní budova Metronom Business Center se nachází v pražské kancelářské čtvrti Nové Butovice, přímo u stanice metra v bezprostřední blízkosti autobusového nádraží a místního nákupního střediska. Hlavním nájemcem budovy je německá společnost SAP zabývající se informačními systémy, mezi další nájemce patří společnosti BMW, Abbvie, DAZ Group a Rossmann. Metronom Business Center je moderní desetipatrová kancelářská budova postavená v roce 2015 slovenskou developerskou společností HB Reavis. S téměř 34.000 m2 a 528 parkovacími místy je jednou z největších budov v kancelářské čtvrti Nové Butovice.

Object data:

Usable area (m2): 33,957 m2
Use of building: Administrative Building
Address: 158 00 Prague 5, Czech Republic
Current value: 2 290 000 000
Date of purchase: 2018/06/14

Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Know-How

 
In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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