Czech Prime Minister attends opening of Dobré časy senior home

At the beginning of September, the opening ceremony for a new home for senior citizens located in Ivančice, near Brno, took place, with representatives of the local authorities and government in attendance, including Prime Minister Petr Fiala. The Dobré časy senior home offers 167 beds – of which 77 are reserved for clients requiring special care and the remainder to serve as long-term care beds – and has been built to help meet the rise in demand for space at modern care facilities for senior citizens.

Our real estate fund CB Property Investors and the company BIZNISHUB of Slovak investor and entrepreneur Jozef Gima participated in the financing of the completion of Dobré časy. The director of the senior home will be entrepreneur Petr Váka. As head of the Social Department of Znojmo, Váka has gained extensive knowledge of the non-state social facilities sector, including all types of homes for the elderly.

 Professor Hana Matějovská Kubešová with the Department of Internal Medicine, Geriatrics and Practical Medicine at the Faculty of Medicine of Masaryk University also backed the project in a professional capacity.

 “In 20 years of experience, I have seen first-hand the unsatisfactory situation in the field of care for the elderly. Demographic trends speak clearly – in the future, we should expect an increase in the number of elderly people with declining self-sufficiency, who will increasingly experience several different health problems. One solution with a high chance of success is a combined health and social services facility.”

The home was officially opened on 5 September by Czech Prime Minister Petr Fiala, Minister of Health Vlastimil Válek, Governor of the South Moravian Region Jan Gröhlich, Senator Roman Kraus and Senator-designate Tomáš Töpfer.

Dobré časy responds to lack of capacity

The Dobré časy senior home went into operation at the end of September, but even before the opening ceremony client interest had almost exceeded the capacity available.

 Vacancies in similar high-quality facilities are, in fact, a scarce commodity. The project therefore responds to a market situation where demand well exceeds supply. In 2020 alone, more than 46,000 applications for beds were rejected in the country, and the situation risks worsening due to the ageing Czech population. An increasing number of senior citizens also require specialised health care, which they can now receive thanks to new senior homes like Dobré časy.

The opportunity to profit from future value growth is being opened up to Crowdberry investors. Take the opportunity to simultaneously participate in the change in the availability of quality facilities for the elderly.