REICO Investment Company Changes Ownership, Nothing Changes for Clients

As of December 20, 2024, there will be a change in the ownership of REICO. The new owner (shareholder) of REICO will be Erste Asset Management GmbH, replacing Česká spořitelna, a.s. The aim of this step is to unify the business model within the Erste Group in the area of real estate open-end mutual funds. Both Česká spořitelna, a.s., and Erste Asset Management GmbH are members of the Erste Group.

This change will have no impact on clients or their existing investments.

As a result of the above information, the name REICO investiční společnost České spořitelny, a.s. will change to REICO investiční společnost Erste Asset Management, a.s. The names of the managed funds will also change to REICO NEMOVITOSTNÍ, open-end mutual fund and REICO LONG LEASE, open-end mutual fund.

In connection with this change, clients do not need to take any action. In January, clients will receive personalized communication with information about the change in ownership of REICO.