The residential developer Trigema has launched an investment fund called Trigema Investment and has begun the process of issuing shares worth a total of CZK 54m. The fund for qualified investors will invest into shares in SPVs established to realize development projects. Of the CZK 54m worth of shares in the subfund Alfa, CZK 37m has been underwritten. Alfa will mature in two years, with yields of between 5 to 8 percent expected. Investor capital will be used in two residential projects in Prague for which Trigema has all the necessary planning permits. The minimum investment to get involved in the fund is €125,000, or CZK 3.4m.
