Reico Opens New Residential Investment Period in Prague

Reico Investment Company EAM has announced a significant opportunity for qualified investors, primarily from the Erste Private Banking segment, to invest in residential rental housing. The new investment period will commence on August 20, 2025, and conclude on September 30, 2025. During this timeframe, Reico aims to secure at least CZK 500 million (approximately €20.4 million) from its clients.

This initiative marks a historic first for Reico, representing the company's inaugural fund of this specific type offered to its investors. It underscores a growing interest and confidence in the residential rental sector, a trend that can often signal the overall health and attractiveness of a city's property market.

Barrandov Cascades: A Key Project in Prague

The primary focus for Erste Private Banking clients through this new fund will be an investment in two interconnected apartment buildings, part of the extensive Barrandov Cascades project in Prague. These buildings are designed to offer a total of 207 modern residential units alongside 191 parking spaces, catering to the increasing demand for quality rental accommodation in the city.

Construction for this ambitious project is slated to commence in December 2025 and will be expertly executed by Finep, a reputable developer known for its high-quality projects in the Czech market. The minimum investment amount for this fund is set at CZK 1 million (approximately €40,775), with a recommended investment horizon of seven years, pointing towards a long-term strategic vision for the asset.

Reico's Growing Commitment to Residential Rental

Reico's entry into the residential rental housing segment began last year with the acquisition of the Nový Opatov G1 building in Prague, integrated into the Reico real Estate fund. This year, the fund further expanded its portfolio by adding a second significant Prague project, Stodůlky Residential. Both Nový Opatov G1 and Stodůlky Residential are also under construction by Finep, showcasing a consistent partnership and strategic alignment in delivering key residential developments.

The continued focus by major investment players like Reico on residential rental housing reflects a broader market trend towards diversified real estate portfolios and an acknowledgment of Prague's robust demand in the housing sector. Such developments contribute to the overall vibrancy of the real estate market, potentially impacting other sectors, including commercial and industrial spaces, by stimulating local economies and infrastructure.

Source: property-forum.eu