Appreciation from 1.1.2022 to 31.12.2022 + 12,49%

Investment
in real estate

Together, smart, no worries

yield 2022

12,49 % P.A.

yield

8-12 % p.a.

The Fund is subject to the supervision of the CNB, the Fund's depositary is Komerční banka, a.s.

0% TAX

You can sell shares of the Fund tax-free. The investor also does not give a share of the proceeds.

Valid after 36 months from acquisition.

Michal Macek
founder EVROPA Investiční fond SICAV a.s.
25 YEARS
IN REAL ESTATE

Real estate plays an important role in my life. In 1998, I founded EVROPA real estate agency with a clear vision to provide the best services in real estate. Since then, our company has grown to 35 branches and more than 350 certified brokers. Subsequently, the company EVROPA development group a.s. was founded, which successfully deals with the construction of residential housing in Prague and the surrounding area.

As a real estate investment professional, I always look for long-term and solid performance in an investment coupled with a lucrative location. I also look at building the EUROPA Investment Fund portfolio in the same way.

Fund profile

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Name   EVROPA Investiční fond SICAV a.s.
ISIN   CZ0008045093
Fund Administrator   Winstor investiční společnost a.s.
Depository   Komerční banka, a.s.
Place of registration of the fund   Czech Republic
Investment focus   real estate investments
Date of creation of the fund   21 April 2020
Minimum initial investment   1 000 000,- CZK
Minimum follow-up investment   unlimited
Entry fee   0 - 3 %
Exit fee   0 - 5 %
Fund bank account number   115-9621180287/0100

About the Fund

EUROPE INVESTMENT FUND SICAV a.s. with its headquarters in Prague on Wenceslas Square is a purely Czech fund under the supervision of the CNB.

EUROPA Investment Fund SICAV a.s. and its EVROPA real estate and investment sub-fund (hereinafter referred to as the "Fund") builds on the experience of the companies EVROPA realitni kancelář and also EVROPA development group a.s., which has behind it both renovation of apartment buildings and development construction.

Investment recommended investment committee staffed with real estate, finance, investment and legal experts. The members of the investment committee are also investors and shareholders of the Fund. The fund is subject to the supervision of the Czech National Bank.

The abbreviation SICAV comes from the French Société d'investissement à Capital Variable and is a guarantee of safe investment management thanks to the separation of the functions of manager, depository and auditor. The fund is subject to registration and supervision by the CNB.

Our investments

REAL ESTATE IN LUCRATIVE LOCATIONS

RENT HOUSES AND APARTMENTS

IMPLEMENTATION OF DEVELOPMENT PROJECTS

EQUITY PARTICIPATION IN REAL ESTATE COMPANIES

BENEFICIAL PURCHASE OF REAL ESTATE

Fund Portfolio

The basic pillar of the Fund are fully leased apartment buildings in the central part of Prague. We are creating a unique portfolio of lucrative properties that, in addition to rental income, will also increase in value over time.

We appeal to qualified investors who see the same opportunity to build an exceptional portfolio in the top locations of Prague and invest smartly and safely.

Properties increase their value over time, especially in the central part of Prague, where demand is already significantly exceeding supply and in the future, due to the lack of available plots and height or monument restrictions, the lack of supply will decrease and thus property prices will continue to increase.

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PORTFOLIO

Members of 
the Investment Committee

Michal Macek
Michal Macek
Michal is the founder and owner of EVROPA real estate agency and EVROPA development group. An expert in real estate since 1998 and a visionary who never gives up on his goals. Today, Europe Real Estate has 30 branches across the Czech Republic and employs over 350 certified brokers.
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Michal Macek
Michal Macek
Michal is the founder and owner of EVROPA real estate agency and EVROPA development group. An expert in real estate since 1998 and a visionary who never gives up on his goals. Today, Europe Real Estate has 30 branches across the Czech Republic and employs over 350 certified brokers.
JUDr. Igor Veleba
JUDr. Igor Veleba
Igor is a long-standing member of the Bar and a specialist  Corporate/M&A, M&A and Real Estate law. He also serves as an arbitrator at the Arbitration Court of the Czech Chamber of Commerce and the Arbitration Association of the Czech Republic.
Ing. Karel Klečka MSc. MRICS
Ing. Karel Klečka MSc. MRICS
Karel has 15 years of experience in real estate. He has worked in several real estate consultancies including experience as head of the real estate valuation department in the international company DTZ. In 2015, he was co-responsible for the establishment and management of Patria Investment Company, a.s., where he focused on real estate funds and qualified investor funds. Karel is a graduate of Czech Technical University in Prague and Sheffield Hallam University. Since 2010 he has been a member of the Royal Institution of Chartered Surveyors, an association of leading real estate professionals.
Ing. Jan Vrátník
Ing. Jan Vrátník
Jan has worked for more than 20 years in the private equity and banking industry, where he held senior management roles in investment banking and corporate finance advisory. He is currently a member of several supervisory boards of major companies and advises on mergers and acquisitions and financial instruments.
Karolína Klapalová
Karolína Klapalová
Karolína graduated from the Faculty of Civil Engineering of the Czech Technical University in Prague. In 2011, she joined Chenen as a project manager, where she gained broad experience in managing development projects, property management and the operation and management of real estate funds for qualified investors. She joined the Winstor team in December 2019 as a portfolio manager responsible for real estate fund management. Since May 2020 she is also a member of the Board of Directors of Winstor Investment Company a.s. responsible for real estate asset management.
Rostislav Plíva
Rostislav Plíva
Rostislav graduated from the University of Economics in Prague with a degree in Monetary Economics and Banking and the Faculty of Social and Economic Sciences at the University of Economics, Prague. Since 2007 he has been lecturing at the University of Economics in Prague in the areas of capital markets, monetary policy and banking, in which he received his PhD. He started his career in 2007 in Risk Management at KBC Securities in the Market and Credit Risk Capital Market Department. Subsequently, he joined Patria Finance, where he worked his way through all levels of brokerage positions and was appointed Director of Securities Trading at Patria in 2010. Since 2014, he has been responsible for Patria Group's sales and business development. In 2017, he founded the holding company Winstor  a.s. and subsequently in 2019 Winstor Investment Company a.s., where he is the Chairman of the Board of Directors.

Strategies of the Fund

The fund aims to achieve long-term appreciation of the entrusted funds.
The expected return is 8-12% p.a. Nevertheless, in 2021 the fund managed to appreciate by 12.49% p.a.

We realise the profit through profitable real estate purchases. Furthermore,  securing the construction, renovation and extension of houses.

Another factor in the regular appreciation is the inflation clauses in the lease agreements, which automatically increase our rental income by inflation and thus the appreciation of the fund.

The founders of the Fund always invest together with the investors!

The evaluation is implemented:

1. Long-term lease of owned real estate.
2. Beneficial investment in real estate with a building permit.
3. Technical evaluation of the investment, i.e. the actual construction.
4. Rising property values in prestigious locations.

Why become a shareholder of the fund

A number of investors are considering the purchase of individual apartments in lucrative locations in Prague. However, the subsequent worry associated with running the property is an undesirable effect that costs considerable resources and especially the investor's precious time.

Leave these activities to the professionals and take advantage of favorable taxation.

By joining the Fund you get a very safe collective investment. Diversification of the investment is ensured by spreading it across multiple real estate projects. In addition, real estate returns are not subject to economic cycles like stocks  bonds. Thanks  long-term lease contracts, real estate represents a stable income that exceeds the interest rates of conventional deposit products.

Price development of flats in Prague

Investing through the FUND offers a number of benefits

0%

You can sell shares of the Fund tax-free. The investor also does not give a share of the proceeds.

Valid after 36 months from acquisition.
1

The Fund is intended for a limited number of shareholders.

2

We want to personally support all shareholders of the Fund. Each shareholder has access to all members of the investment team.

3

Investments are held in owned real estate over which the Fund has full control.

4

The investment includes a complete house management service and a guarantee of tenant occupancy.

5

The Fund guarantees repurchase at the current price.

YOU SHOULD KNOW

SAFE INVESTMENT
The fund was established with the aim of long-term investment appreciation with minimal risk.
SHARE REPURCHASE
The Fund guarantees the redemption of investment shares. But first, after 36 months of investor ownership of the shares.
RIGHT OF DISPOSAL
On the death or dissolution of a shareholder, his investment shares pass to his heirs or legal successors.
CONVERTABILITY OF SHARES
An investment share in the form of a security is transferable by means of a contract for the purchase of investment shares and registration in the relevant register.
CERTAINTY OF GROWTH
We invest in residential houses in top Prague locations.
FOCUS OF THE INVESTMENT FUND
Residential housing is a certain investment with a constant continuous increase in rents.
BENEFICIAL INVESTMENT
Prague is a safe and highly desirable metropolis for residents and foreign companies and investors, which guarantees not only the growth of investment value, but also a stable regular rental income.
INVESTMENT HORIZON
The minimum investment period is 36 months. The recommended investment horizon is 5 years. There is no maximum investment period.
0% TAX
Income from the sale of investment shares is fully exempt from tax by law once the 3-year time test is met.
EARLY SALE OF INVESTMENT SHARES
In this case, the Fund does not guarantee redemption, the shares can be sold to another investor before the time test expires (not tax-free).

Investors are cautioned that the value of an investment in the fund may go down as well as up and the return of the amount originally invested is not guaranteed. The fund's performance in previous periods does not guarantee the same or better performance in the future.

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