The company has announced the acquisition of a retail park in Velké Meziříčí in the Czech Republic before the year 2024 closing. This property with a rentable area of over 4,500sq m has become part of the ZDR Investments Public SICAV a.s. fund.
The newly completed retail park in Velké Meziříčí represents a typical model of this shopping concept. On-site customers can find Lidl, Jysk, TEDi, Super zoo, Teta drug store and Traficon press stores. The average length of lease contracts (WAULT) exceeds five and a half years.
The roof area will be equipped with photovoltaic panels, the installation works have already started and will continue this year. Each business unit has a separate heat pump for efficient management of energy consumption. Four charging stations for electric cars are available in the parking lot, which supports sustainability and modern customer mobility requirements.
After the acquisition of the retail park in Velké Meziříčí, the ZDR Public fund closed the year 2024 with a total of 26 properties and a rentable area of 80,000sq m. The properties in the fund show almost 100 per cent occupancy and generate an annual rent of CZK 262M (€10.4M). The portfolio total value reaches CZK 3.5bn (€139.3M).
Last year the fund expanded to a third European country, with a retail park in Villach, Austria.
