Fund CLCF Real Estate Opportunities S.C.Sp. (CLCF REO)
The fund's objective is to create a strong and diversified portfolio of high-performing assets and companies (SPVs) focused on projects mainly in Prague. The fund's efforts are focused on the middle and upper segments of residential housing. It includes activities in the area of reconstruction and remodelling of existing buildings. CLCF REO typically participates in projects with zoning plans and a clear timeline for obtaining building permits. Exit from individual projects is expected within 2-3 years from entering the project.
CLCF REO Strategy
The fund's efforts are focused on the middle and upper segments of residential housing.
The unique fund strategy is focused on the residential segment of the secondary real estate market and currently targets only the wider centre of Prague. This differentiates the fund from residential development funds and greenfield projects even during lower economic cycle.
The fund successfully finished the project in Školská Street, Prague 1 New Town in 2023. The exit
was executed through the sale of SPV, which resulted in a return for the fund's shareholders
exceeding 100%. The fund also successfully completed the sale of 17 residential units in Bulharská
Street, Vršovice during 2025. A luxury residential villa project will be implemented in Na Stráži
Street, Prague 8 Stará Libeň in 2025/2026.
Other projects are in the pipeline in Prague 1 Old Town and Prague 6 Dejvice.