Opportunity Real Estate Fund SICAV (hereafter OREF) targets for its investors stable investments and an annual net return higher than eight percent. The fund, which is backed by the strong investment and development group Karlin Port Real Estate, is now taking the first steps to fulfil this plan. Shortly after the onboarding of first investors, OREF began to very quickly and efficiently deploy the fund´s capital in order to generate attractive return. OREF added the first project to its portfolio, and two more important projects are already waiting for an exclusive deploying in the real estate fund.
Interestingly the mentioned first project of the fund will be developed by the founder, Karlin Port Real Estate, for which it is already the 57th significant project in Prague in the past 27 years. This exceptional residential project is located in an attractive part of the capital city, cadastral area of Prague 4 - Michle. The location is unique due to combination of comfortable living together with many greenery areas in the neighbourhood, the availability of sports facilities within the BB Centrum and short distance to the centre of Prague. “The standard of living will be enhanced by the high-level of urbanism and design of the project. We envisage housing units of an elegant finish, which will tastefully complement the existing buildings and underline the character of the district,” says Milorad Miško Miškovič, founder and Managing Partner of Karlin Port Real Estate, who personally cares about the quality of all projects.
"We keep looking for interesting investment opportunities" says Milorad Miško Miškovič, adding that the Opportunity Real Estate Fund continues to negotiate further acquisitions. It already has other projects under exclusivity in locations in Prague 2, Prague 5 or in the Prague 7 district. It is expected that the mentioned projects should become part of the fund during the first and second quarter of 2023, respectively.
Dalibor Kolář
Executive Fund Director
OPPORTUNITY REAL ESTATE FUND
GSM: +420 737 630 483
E-mail: dalibor.kolar@opportunity.estate
About the Opportunity Real Estate Fund
The Opportunity Real Estate Fund is a real estate investment fund for qualified investors, which was established under the initiative of Karlin Port Real Estate. The Fund focuses on investments in carefully selected development projects, with interest laying on attractive residential and commercial projects in the capital city. It is one of the very few funds in the Czech Republic with focus on real estate development.
The Opportunity Real Estate Fund targets a net return higher than 8% p.a. and plans to invest EUR 80 million from private investors, i.e. at least EUR 160 million in total including bank financing over the next 5 years. The credibility of the fund is emphasized by the strong team behind with vast experience in real estate, extraordinary market knowledge and excellent results and track record. More information about the fund is available at www.opportunity.estate.
About Karlin Port Real Estate
Karlin Port Real Estate is a leading Prague-based investment and development group that provides a platform for investing in various types of real estate in the Czech and Central Europe. The group was established in 2013 by a team of the top real estate and investment professionals, with experience of the founding partners exceeding 30 years.
Karlin Port Real Estate is well-known for an unique approach to urbanism and architecture. Karlin Port Real Estate focuses on Prague real estate market and is leading player in transformation of the city, emphasizing an unique balance of cutting-edge design, urbanism and sustainability. Karlin Port Real Estate projects underline the character of districts such as Karlín, Smíchov, Stodůlky, Zličín and, soon also Holešovice, Žižkov and Michle. Further information is available at www.karlinport.cz.
Dlouholetý ředitel a partner Karlín Group, a. s., opustil v roce 2012 svou funkci, aby se mohl věnovat vlastním developerským projektům ve své společnosti Karlin Port Real Estate, přičemž dál zůstává akcionářem Karlín Group, a. s., a bude se i nadále podílet na aktivitách souvisejících s vybranými developerskými projekty.
Srbskému developerovi MILORADU MIŠKOVIĆOVI, který stál mimo jiné u revitalizace pražského Karlína a je součástí známých velkých projektů v Praze, Rohan City a Smíchov City, je Česko malé.
The well-known Czech economist Jiří Schwarz has become Chairman of the Supervisory Board of Opportunity Real Estate Fund. Established within the Karlin Port Real Estate investment and development group, this fund aimed at qualified investors has complied with the necessary formalities and entered the next phase of its existence. The first properties have been acquired in sub-funds and now they are looking forward to the first wave of interested investors.
Pink Crocodile's projects in support of children with special needs, as well as Czech orphans seeking higher education.
Milorad Miško Mišković is one of the most renowned Serbian names in the real estate industry in Central Europe. After 30 years of an incredibly successful career in Czechia, tumultuous personal and professional upheavals, and a significant trail he left in Prague’s urban development, this distinguished businessman with inexhaustible energy and ideas is ready to implement his first large project in his native country.
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A brilliant team of top real estate and investment professionals at KARLIN PORT REAL ESTATE have created a new financial product, the Opportunity Real Estate Fund.
