Our subsidiary ERICONN Financial Services s.r.o. launched activities in the area of providing non-bank loans to entrepreneurs and companies. We provide financing mainly in the area of purchase and reconstruction of real estate.

We obtained a special-purpose loan up to the credit limit of 30 MIO to finance the purchase of real estate and receivables.

We initiated zoning proceedings with the following building proceedings. Construction is planned in the fourth quarter of 2020 to start operations in the summer season 2021.

We have just finished the technical analysis of our new ENRICCO investment platform and we are preparing the development phase. We are planing to launch on the Czech market in the first quarter of 2021.

Our appreciation averaged 19% in 2019. This year we plan to invest in the total amount of 150 MIO.

Our company secured the purchase of a set of properties in the locality of Dolní Měcholupy. This is a short-term investment with subsequent sale to a future investor for the implementation of a development project.

We have secured real estate financing in Štěchovice, it is a medium-term investment with an annual return.

Our company ensured financing of the secured receivable including legal services and receivable management.

Our company bought a land in Prague 8 Kobylisy for realization of parking places. This is a long-term investment with an annual return.

In the fourth quarter of this year, our company achieved a total investment in the real estate portfolio of 51.8 MIO.

We have provided refinancing of two housing units burdened with execution proceedings in the desired location of Prague 7. We also provided legal services and communication with the executor’s office. Annual investment with a fixed interest rate.

We bought another apartment building in Chomutov for our portfolio in the purpose of residential rentals.

We successfully invested 39.7 MIO in the real estate portfolio in the first half of 2019. We are focusing in investments up to 10 MIOs to create a diversified portfolio of short and long term investments across the Czech Republic this year.

The final study for our resort in Borkovice was approved. You can see the visualization in the picture. Now we have started work on project documentation for building management. You have something to look forward to!

Our company arranged for our client to sell a duplex apartment within one month, including legal services.

We have bought an apartment house in Chomutov for the purpose of residential lease. This is a longer-term investment with annual capital appreciation.

We have prepared, in cooperation with the Schaufler and Roskovec architectural studio, a study of the resort in Borkovice.

We have secured the purchase of a package of receivables secured by residential property from the banking sector. We conducted a legal analysis, awards and prepared investment plans for our partners. We expect a yield of over 20% within 1 year.

Our company has secured financing for the purchase of real estate receivables in the historical center of Kadaň. It is an investment project with an annual yield and subsequent appreciation of the property sale. By entering the property in question, our company will ensure reorganization within insolvency proceedings and subsequent operation and management of the property.

Our comapny decided to move into a new offices in Vyšehrad in the Vratislavova 21/1 street. We look forward to see you and wish you a successful year 2019.

Our company has bought 2.5 ha of land in a European-wide area near the nature reserve Borkovická blata  to build a relaxation resort. An architectural studio was selected to prepare a study now.

Our company has provided the finance for the privatization of the residental unit, including legal and tax services. This was a short-term investment to maximize return on invested capital.

Our company provides an exclusive sale of the first-republic villa in the village Karlík near the famous Berounka river.