ZDR Industrial Expands Portfolio with Production Facility in Slovakia
A second acquisition for the ZDR Industrial fund this year! The portfolio of the retail fund focused on light manufacturing and logistics has been expanded with a modern production plant in Slovakia, which is leased long-term by the multinational ERIKS Group.
We have successfully completed the acquisition of a production facility in Slovakia, marking the eighth acquisition this year and the second for the ZDR Industrial fund alone. After this acquisition, the ZDR Industrial fund now holds more than 23,000 sqm of leasable area, with an average lease renewal period (WALE) of 9.69 years. This is the only retail fund in the Czech Republic that allows the general public to participate in the rental income from industrial properties focused on light manufacturing and suburban logistics. Investors can participate in the fund with as little as 200 CZK per month, even within a long-term investment product (DIP).
“With this acquisition, we continue to expand our portfolio in the area of light manufacturing and logistics. This segment of real estate shows long-term growth potential, as confirmed by our second acquisition in 2024, this time focusing on a modern production facility with an energy class A rating, bringing significant stability and added value to our investors,” said Tomáš Hozlár, Head of Acquisitions for ZDR Investments in Slovakia.
ZDR Investments Industrial SICAV a.s.
- Leasable area: 23.4 tsd. sqm
- WALE: 9.7 years
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Return over the past 12 months (as of 31 Aug 2024): 7.18 % (CZK class)
The new acquisition for ZDR Industrial is a production plant in Bytča, Slovakia. The production hall, with a leasable area of 7,435 sqm, was opened in 2021. The property is leased long-term by the multinational ERIKS Group, a specialized provider of industrial services and technical products for industries such as engineering, energy, chemical, food, and automotive industries. The company focuses on improving the efficiency of production processes through products like seals, hoses, plastics, power transmission elements, and other technical components. Founded over 80 years ago in the Netherlands, ERIKS Group now has 17 branches across Europe and Asia.
Further information about the Industrial fund’s portfolio, including returns since inception and detailed information about the properties in its portfolio, can be found on the fund’s website.