CB Property Investors closed its first subscription round at the end of June 2021.

Investor interest in the fund’s strategy has exceeded our expectations. The speed with which the first subscription round of investments filled up shows not only the available capital, but also the gap in the real estate market that CB Property Investors is filling. At the same time, it opens up space for further development in the Czech Republic and Slovakia.

The aim of the Czech-Slovak real estate fund CB Property Investors is to provide investment support not only to Czech and Slovak development projects with added value, but also to existing buildings with untapped potential. By carefully selecting projects, it aims to improve the ecological footprint of Czech and Slovak properties and reduce their adverse effects on the surrounding environment (e.g. by reducing greenhouse gas emissions), thus creating room for the introduction of sustainable technologies. In some cases, this could also include intervention in the physical character of real estate – modernisation of buildings and their interior systems. Optimising the use and improving the economic performance of selected development projects should bring investors an appreciation of 10+% p.a. The fund focuses primarily on logistics properties, retail parks and residential projects. It aims to make investments of EUR 30 million over three years and manage a portfolio with a total value of over EUR 75 million.

The underwriting of investments was preceded by an in-depth analysis of up to a hundred projects, which yielded those that met our strategic criteria and the requirement for superior returns.

“These are real estate projects with potential for value growth. For example, the conversion of an older office building into residential units or the construction of smaller commercial industrial projects. CB Property Investors is a fund that addresses both Czech and Slovak investors. It focuses on investment opportunities in the domestic environment, responding to the growing interest of Czechs in real estate as a safe investment destination, ” says Omar Sattar, managing director of Crowdberry’s real estate division, who heads CB Property Investors.

The fund’s strategy has not only attracted investors, but has also attracted the attention of developers, banks and other partners. All of this shows the appetite of potential investors and that they trust the Crowdberry team and our experience. We very much appreciate the trust of all the fund’s investors.