REICO has launched a new real estate fund. REICO ČS Long Lease is a special mutual fund focused mainly on retail clients. Its main investment criterion is buildings with leases secured for at least 10 years, in the logistics, manufacturing, retail and office sectors. The fund is intended as a complement to the investment portfolio mainly to conservative to medium-risk clients who want to increase the return of their real estate component.
The fund has already acquired its first property, the 4,000 sqm ELCOM research and development centre in Ostrava.
REICO ČS Long Lease is the second retail real estate fund managed by the company after ČS Real Estate Fund.