In 2024, we launched our first retail real estate fund focused on rental housing. This year, we are pleased to introduce our first Qualified Investors Fund (QIF), focused on the retail park segment. On this occasion, David Hauerland, Managing Director of the Fidurock Group, gave an exclusive interview in the Bohatší já podcast, published by Peníze.cz, where he and Silvie Housková discussed how the new fund fits into Fidurock’s long-term strategy and what investors can expect.
The Fidurock Group launched its first retail fund focused on rental housing as early as 2024. The fund is designed for smaller investors and operates on the principle of acquiring apartment buildings, carrying out partial or complete renovations, and managing them over the long term. “We currently have several hundred investors in the fund and more than CZK 300 million under management. We are now planning to acquire another property and are finalizing several transactions,” says Hauerland.
Investment in the residential real estate fund is possible from as little as CZK 200 per month, with an expected annual return of 6–9%, making it an accessible alternative to direct ownership of an investment property. Following the successful launch and gradual growth of the retail real estate fund, Fidurock is now establishing a qualified investors fund. This fund will focus exclusively on retail parks, a segment in which the group has more than ten years of experience. Unlike the retail fund, entry into the QIF is intended for investors with capital starting from CZK 1 million.
“We opened the fund for subscription on 5 January 2026 and will gradually contribute all of our retail parks to it,” says Hauerland, adding that the fund’s objective is to develop further the know-how gained in real estate acquisitions and asset management and to expand the retail park portfolio in the Czech Republic and abroad.
Fidurock thus opens the door to investors seeking a long-term, stable and above-standard return in the commercial real estate segment.
“Providing a broader range of options for investors makes sense to us. Rental residential properties will remain in the fund for smaller investors, while the retail park segment is, in our view, more suitable for qualified investors with a longer investment horizon,” explains Hauerland. This approach allows investors to diversify between funds with different underlying assets.
Within the commercial real estate segment, Fidurock strongly believes in retail parks. They offer stable demand for everyday services, show resilience to economic cycles and face lower pressure from e-commerce compared to traditional shopping centres. At the same time, retail parks are operationally efficient for Fidurock thanks to its internal strategy and long-term experience.
These factors form the basis of the expected return of the QIF and directly build on the group’s existing investment strategy.
View the full interview with David Hauerland here.
