Real Estate III
RSJ Real Estate III invests in a unique historic building in the center of Prague, The Red Fox House. This trophy real estate, which is situated just opposite to the Astronomical Clock, comprises four above-the-ground floors and one in the basement.
The investment includes the purchase, redesign and subsequent lease of The Red Fox House. Its aim is to achieve an adequate return on investment at a reasonable level of risk.
Diversification of concepts – Czech cuisine, distillery, gallery, bar.
A focus on Czech market.
Target yield of 5 % IRR (internal rate of return) per annum.
Investment horizon of 10+ years.
RSJ Real Estate III is a sub-fund of the investment fund RSJ Investments SICAV a.s.
The Red Fox House
|Location||Prague, Czech Republic|
|Investment Date||Q1 2022|
A unique historical building, which is situated at Old Town Square, just opposite to the Astronomical Clock. It comprises four above-the-ground floors and one in the basement.