Name of company
REICO, investiční společnost ČS, a.s.
Name of President or Managing Director for the region
Filip Kubricht, CEO
President or Managing Director for the region profile
Filip Kubricht, - co-founder of REICO in 2006 and elected CEO and chairman of the board of directors in 2015.
Tomas Jandik, CIO - joined REICO in May 2016 as CIO and a board member. Tomas is the person responsible for preparation and execution of REICO's 4CE diversification program, hence expansion to Polish market.
Regions active in (in which countries the company operates)
Since September 2016, our investment focus increased from Czech Republic and Slovakia also to Poland and Hungary.
Portfolio of all properties currently held by your company
Our portfolio now includes 13 assets, of which 8 are located in Czech Republic, 3 in Bratislava and 2 in Poland (Proximo I and Galeria Sloneczna).
Office projects included in the portfolio
Proximo I in Warsaw
City Tower in Prague,
Trianon office building in Prague,
Qubix in Prague,
Rohan Business Center in Prague
Taborska office building in Prague
Office Box in Bratislava,
Platinium in Brno, Czech Republic
Park One in Bratislava,
Forum Business Center in Bratislava
The value of office properties held by investor (in EUR)
ca. 540 mil EUR.
Retail projects included in the portfolio
Melantrich in Prague,
Ctyri Dvory in Ceske Budejovice, CZ
Galeria Sloneczna, Radom, Poland
The value of retail properties held by investor (in EUR)
cca. 230 mil EUR
Warehouse projects included in the portfolio
n/a
The value of warehouse properties held by investor (in EUR)
n/a
The largest purchase transactions between October 2016 and September 2017 (subject of the transaction, its total take up area and value in EUR)
Galeria Sloneczna, Radom, PL, 40,900 sqm, 164 mil EUR
Proximo I, Warsaw, PL 29,200 sq m, 117 mil EUR
Park One, Bratislava, SK, 12,900 sq m, 35 mil EUR
Future plans
Acquire further prime office, retail and logistics assets in Czech Republic, Slovakia, Poland and Hungary.
The value of the funds for the investment, whether the investor is permanently established in countries in the region, the number of employees
We have constant inflows and investable funds changes everyday. On average, we will have ca. EUR 10 mil of investable equity per month.
Acquisition activity across the CEE real estate markets between October 2016 and September 2017
Galeria Sloneczna, Radom, PL, 40,900 sqm, 164 mil EUR
Proximo I, Warsaw, PL 29,200 sq m, 117 mil EUR
Park One, Bratislava, SK, 12,900 sq m, 35 mil EUR
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
REICO should be considered investor of the year as we have offloaded over EUR 280 mil. in two projects into Warsaw office and Polish regional retail submarkets exactly in times when several other traditional investors, such as German open ended funds, were turning away from these submarkets due to various political and micro market risk factors. We trust that REICO is the leading core Czech investor in Poland who has proven to be able to be buying prime assets, independent of sector, at prime prices and compete with other established core investors with much longer track record. Additionally, we are one of the few core buyers in Bratislava and have transacted in this market as well with the acquisition of Park One from in 2/2017. The jury may consider that the evaluation period of this award starts only 4 days after we have closed on acquisition of the City Tower, the highest office tower in Prague market for EUR 163 million.
