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.
Fund investments
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
| 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
| 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. This is a joint project with YIT.
Bella Vista Troja
| Location | Prague, Czech Republic |
|---|---|
| Investment Date | Q1 2022 |
| Status | Active |
| Website |
|
Residence Bella Vista offers luxury apartment living near the Prague Zoo in Troja. This is a joint project with JRD.
Lappi Tornio
| Location | Prague, Czech Republic |
|---|---|
| Status | Completed Q1 2025 |
| Website |
|
Residential development project in Prague 9 – Hloubětín, which will become the centerpiece of the newly emerging LAPPI and SUOMI Hloubětín district. The plan includes the construction of 79 apartments, 2 commercial spaces, and 62 garage parking spaces.
