Summer news from K&L RockPublished by: 03.08.2023 10:26:26
It's going faster than last year. We are already in the third quarter of this year and everything is running at full speed. In the following post, we will give you an overview of the most important projects, their progress and some news.
Real Estate - Residences at Bradla
The construction of the www.rezidencenabradle.cz project is in an active phase and makes us happy. Everything is progressing according to schedule and according to the plan, the rough construction should be completed this November.
The idea of participating in the growth of the stock market seems to be a good decision and most of the swing trades were based on trades entering the trend on instruments that replicate stock indices.
As of the second month of this year, we started trading the newly launched K&L Rock Drawdown Hedge Fund, an alternative fund that was created as an additional fund in our product portfolio. It is designed to deliver noticeably better appreciation than its benchmark, the S&P500 index.
At the same time, we are actively working with AK Schejbal&Partners on a new €300 million bond programme. The aim is to use these funds in the Real Estate division.
In June, another project was added to K&L Rock's portfolio, currently in the Ústí nad Labem region, the city of Chomutov. This is a set of land with a total area of 10,000 sqm, which is currently used as commercial space and warehouse space. The intention of K&L Rock is to implement residential construction and commercial space, which is obviously lacking in this location.
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