
Fond Českého Bydlení SICAV, a fund focused on residential rental housing, has launched a retail sub-fund aimed at making its investment strategy available to a broader group of individual investors.
The minimum investment is CZK 500, while the expected average annual return is around 6–8%.
The fund has expanded significantly since 2024. The value of its real estate portfolio has increased fivefold to CZK 2.7 billion. Following the completion of a current acquisition, the portfolio is expected to approach CZK 3 billion.
The number of residential units under management has increased to 1,100. The number of investors has also risen by almost 80% to 1,660. Investors who have been with the fund since its establishment in 2018 have recorded a cumulative return of 84.18%.
Jakub Kořínek, co-founder of Fond Českého Bydlení, said the retail fund was a logical next step in the company's long-term strategy.
He added that individual investors had shown interest in investing in rental housing and that the new fund provides an option designed for this group.
Fond Českého Bydlení currently owns 48 properties across the Czech Republic, Slovakia and Germany.
Its acquisition of a portfolio of 25 residential buildings in Saxony and Bavaria has expanded its presence in Germany and diversified its rental income.
The fund focuses on regional rental housing and invests in residential properties in locations with growing employment, good transport links and stable rental demand.
In addition to rental income, its strategy includes creating further value through renovations, change-of-use projects and development.
Lucie Procházková, Chief Commercial Officer at Fond Českého Bydlení, said the retail fund builds on the fund's experience in regional rental housing and allows investors to start with CZK 500.
The strategy is intended to make gradual savings through rental housing investment more accessible.
The fund said demand for rental housing across the Czech Republic and Europe is supported by high home purchase prices, younger generations' preference for flexibility and declining affordability of home ownership in larger cities.
According to Eurostat, 31.6% of the EU population lived in rented housing in 2024, compared with approximately one quarter of the population in the Czech Republic.
The fund was established in 2018 and is administered and managed by CODYA Investment Company, a.s.
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