Our funds recorded a positive result in April.
Shorter time spent in and higher spendings per capita are one of the differences in shopping behavior, which were introduced by COVID restrictions. We do explain the influence of restrictions on our retail projects bellow.
Our funds continued their winning streak in February. Those that are partially or completely tied to the stock markets did exceptionally well.
The success of companies often depends on the corporate culture, which is a set of patterns of behavior and habits applied in the company. And you will not build this culture through teleconferencing, "Pavel Kadera responds to the current situation around office buildings.
NOVA Green Energy fund has experienced the best quarter in its seven-year existence. Despite all the crises of 2020. The coronavirus crisis has hit the world economy and thus financial markets.
NOVA Real Estate fund, managed by the fund management company REDSIDE, has completed the acquisition of the home improvement supplies store OBI – Frýdek Místek, from the seller, a development company PTO. OBI is a German multinational retailing company founded in 1970. With more than 650 retail stores, OBI is the largest DIY retailer in Europe, and the third largest in the world. This is a second property with OBI as a tenant in the Fund’s portfolio in the Czech Republic. Deal Value: Undisclosed.
SLOVAKIA Czech Fund manager Redside closed Slovakia’s largest industrial transaction of 2018 with the purchase of the Trencin Industrial Park for just under EUR 90 mln.
CZECH REPUBLIC Investika has acquired the Avenir E office building in the Nové Butovice area in Prague 5