Martin Kúšik and the head of RSBC Robert Schönfeld have purchased a portfolio of 30 assets in the Czech Republic from the Austrian property investment fund Conwert. The investors paid €50m, or CZK 1.3bn for the properties which are located in Prague, Brno, Pilsen and Ostrava. The portfolio includes rental apartment blocks, construction sites and a hotel in Prague. The disposal of assets by the Austrian fund is in line with the fund’s new strategy under which it will concentrate on the German and Austrian markets. Hospodářské noviny writes that Kúšik (formerly a partner at Penta Investments) is a passive investor in the transaction, while Schönfeld, who owns Century 21 brokerage, will deal with the portfolio. The two investors bought the assets using their own equity.
