Real estate fund CB Property Investors launches construction of residential project in Liberec
07/11/2024

The fund of qualified investors CB Property Investors, a member of the Crowdberry investment group, has purchased a plot of land with a building permit for the construction of a residential project called Rezidence Park Vesec. The development is being carried out under a joint venture with KAMI PROFIT, a construction and development company with several projects in the Czech Republic and Slovakia. Construction started in early October 2024 and is scheduled to take two years. The fund aims to achieve an above-standard appreciation of the investment, while the project's residents will also enjoy above-standard value. In the total of five villas, the new owners can expect, for example, underfloor heating, electric chargers, and photovoltaic panels on the roofs of the buildings.
By acquiring and developing the land, CB Property Investors is responding to the lack of higher-quality apartments in Liberec. At the same time, the fund continues its strategy of investing in real estate from various sectors; this residential development follows the construction of a logistics park in Liberec and a senior house in Ivančice. Risk minimization is also important in this investment. This is facilitated by the project already having a valid building permit at the time of acquisition, so the fund could start building immediately. A careful analysis of possible suppliers and partners preceded the construction start, from which the Slovak company KAMI PROFIT came out best. The company has entered the project as a partner and general contractor.

