The ZDR Investments Industrial SICAV fund has carried out a sale and leaseback deal for the Semecs production plant in Vráble, Slovakia.
This energy-neutral plant has a leasable area of 8,227 square meters and a WAULT of 12 years.
With the Semecs plant sale and leaseback, the fund has almost 16,000 square meters of rentable area with a total WAULT of 8.4 years. ZDR Industrial is focused on suburban logistics and light manufacturing.
Semecs is a major European player in the electrical engineering industry and a manufacturer of electronic printed circuit boards.
Semecs plant most modern
The Semecs plant in Vráblí is one of the most modern production facilities in Slovakia. It has several production lines that make it possible to produce virtually any type of printed circuit board.
Ondřej Sychrovský, CEO of the ZDR Investments group, says, “The acquisition of the Semecs production site in Vráblí is an important diversification step for our Industrial fund. This modern and energy-neutral plant meets our high standards for real estate quality and tenant creditworthiness and represents a perspective investment that will support the already above-average performance achieved by the fund in the long term.”
Key goal
Ivan Polák, CEO of Semecs, says, “This transaction allows us to focus on our key goal, which is the production and development of high-end electrotechnical products. Thanks to the cooperation with Cushman & Wakefield, who managed this transaction, we found an ideal partner in ZDR Investments who will be a stable landlord and help us focus on achieving our strategic goals.”
ZDR Investments, a Czech group of real estate funds, invests the funds of its founders and other investors obtained from subscriptions of investment shares, mainly in discount-type retail real estate. The properties acquired by ZDR Investments funds are located in the Czech Republic, Slovakia, Austria, Germany, Croatia and Slovenia and are almost fully occupied by tenants. The portfolio of the ZDR Investments group of real estate funds includes 68 properties with a total rentable area of 327,000 square meters worth CZK 14.3 billion.
Ján Miček, Senior Investment Analyst at Cushman & Wakefield Slovakia, says, “Sale & leaseback is an investment transaction type with significant potential in Slovakia. It allows companies to unlock capital tied up in real estate while retaining full use of the facility. For the buyer, it presents an investment opportunity with a stable, long-term tenant. We anticipate seeing this type of transaction become popular in the future.”
