Development III

RSJ Development III focuses on real estate development in the Czech Republic.

Investment Philosophy

We invest in development of residential property in Prague and its surroundings along with established developers.

Investment Criteria

  • Target yield of 15+ % IRR (internal rate of return) p. a.

  • Minimum investment of CZK 50 million (EUR 2 million).

  • Focus on Prague.

RSJ Development III is a sub-fund of the RSJ Investments SICAV a.s. investment fund.

Projects

Rezidence U Šárky

Rezidence U Šárky
Location Prague, Czech Republic
Investment Date Q2 2020
Status Active
Website

A complex of apartment buildings with 680 housing units in Prague 6 near Šárecké údolí nature park. This is a joint project with FINEP.

Bohdalecké kvarteto

Bohdalecké kvarteto
Location Prague, Czech Republic
Investment Date Q1 2020
Status Active
Website

The apartment building will provide 183 units and more than 500 sqm of retail space near the Bohdalecký vrch forest park in the Michle district of Prague. This is a joint project with JRD.

Vesi Hostivař

Vesi Hostivař
Location Prague, Czech Republic
Investment Date Q1 2022
Status Active
Website

The Vesi Hostivař complex close to the Hostivař dam offers long-term accommodation in the form of 209 apartment units.