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Villas Vysoky Ujezd
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QIF = Qualified Investor Fund
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  • Domestic market with key current exposure
  • Countries preselected for expected diversification & closely observed on regular basis

Silverline Real Estate at a glance

We are an international investment fund that runs residential real estate development projects in-house. This allows us to realize margin of both financial institution and developer.

We are experienced professionals in private equity with successful 7-year track record in real estate investments, and commit EUR 3 mn to the fund.

We offer highest preferred return in the Czech market: 10% p.a. in class A investment stock.

We geographically diversify our portfolio by investing in carefully selected high-growth markets within Europe and North America.

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Find out more

Our Mission & Vision

  • We strive to identify development opportunities that deliver maximum returns to investors, while creating positive value for the broader society.

  • Silverline RE is an essential component of Silverline Fund’s overall vision: Becoming a leading international investment group with EUR 500+ mn assets under management diversified into real estate, private equity and venture capital investments.

More about us

Why to invest
in residential
 real estate
development

  1. HIGH RETURN

    Developers can realize net margin of up to 15% p.a. in demand-driven markets, providing significantly higher returns than rental properties or other asset classes.

  2. LOW RISK

    Developers own mainly building plots/ land (one of most stable asset types) as a collateral pledged against investments, presenting a key advantage over other asset classes. Risks stemming from the development process can be mitigated by rigorous management.

  3. STRONG SOCIAL IMPACT

    Residential development solves problems with insufficient housing stock, which is a common local or even society-wide challenge. Few other activities have such a direct and broad impact on society.

Why to invest
with Silverline
Real Estate

Our projects

  1. TOP RETURNS

    In class A investment stock, we offer highest preferred return in the Czech market: 10% p.a.

    In class B investment stock, expected return comes to 8.5-13% p.a. (7% p.a. preferred return + 25% performance bonus from return >7% p.a.).

  2. SECURE INVESTMENTS

    To secure high liquidity of our assets we invest only in large cities or other prominent locations. The fund will also benefit from international diversification into highly growing, developed markets within Europe and North America.

  3. STRONG TRACK RECORD

    Over the last 7 years, we have managed to increase the value of our portfolio of owned properties 30x. We have over 20 years of combined experience in investments; each of the founders has been involved in tens of Private Equity transactions in the past, always with great results and sound references.

  4. FULLY COMMITED TEAM

    We guarantee our full commitment through an equity contribution of EUR 3 mn. In addition, we can rely on a broad ecosystem built up over years, including architect & design studios, financing partners, brokers and legal advisors.

  5. STATE OF ART ANALYTICS

    At Silverline, we also act as a real estate think-tank. We develop our own analytical methodologies and tools, and regularly publish studies & perspectives on international real estate markets including specific segments.

Fund in
figures

Invest with us
EUR 17 mn
Gross development value of currently running projects
4
Currently running projects
8.5-13 % p.a.
Expected return in investment stock class B
10 % p.a.
Preferred return in investment stock class A

Executive team

We are a team of motivated professionals with entrepreneurial spirit and previous global experience in Private Equity and Real Estate.

Dan Vasko

Dan Vasko

Co-founder; Partner & Managing Director

Martin Benroth

Martin Benroth

Co-founder; Investment Director

Vojtech Brix

Vojtech Brix

Co-founder; Investment Manager

Our primary
focus

 

Silverline Real Estate fund focuses on development of real estate in the Czech Republic and other developed countries within Europe and North America.

We currently focus on three specific asset types:

 

View projects

  1. Greenfield development close to expanding cities

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  2. Apartment houses with development opportunities

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  3. Leisure apartments in prime resorts

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References

Quotation marks

Based on a multi-year cooperation with Dan, I always appreciated his drive on new business opportunities, rigor in delivery as well as strong personal integrity.

Person
Jiri Steif
Partner at Arthur D. Little, Prague office
Quotation marks

With Dan Vasko and Vojtech Brix, I have already co-operated on multiple project and was always satisfied, also due to their ability to quickly grasp new things and push all the way to great outcomes.

Person
Tomas Vanicek
Member of Board in Ceska Sporitelna – penzijni spolecnost, a.s. – Sales & Marketing
Quotation marks

Dan has always had a distinct drive on business development. He builds on strong expertise in Financial Services (good grasp of lending products and connections in the industry) and long-standing experience in designing strategies, enabling him to quickly identify game-changing trends.

Person
Daniela Chikova
Partner in the Financial Services practice at Kearney, Vienna office
Quotation marks

Dan has not only in-depth understanding of Financial Services, but also ability to design viable solutions with align these with multiple stakeholders, should it be long-term vision or particular, incremental next steps.

Person
Jerry Anthonyrajah
Old Mutual Insure Executive
Quotation marks

We were impressed by the consistent demonstration of deep knowledge of real estate, strong analytical capabilities and a result-oriented yet collaborative attitude, necessary for consensus in negotiations with stakeholders.

Person
Peter Sivacek a Hana Paskova
Head of Controlling Finance, Accounting and Business Administration (incl. Real Estate) at E.ON CZ
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Dan Vasko

Dan Vasko

Co-founder; Partner & Managing Director
SOCIAL MEDIA
LinkedIn

Dan is the Founding Partner and Managing Director of Silverline Real Estate.

He sets the firm’s strategy, internal processes, develops relations with investors, owns the investment process and value creation projects and fulfills the general managerial role.

Prior to starting Silverline Real Estate,

Dan held a Senior Manager role at a global consulting firm, Kearney. He has also gained experience at Roland Berger Strategy Consultants, CSOB (largest bank in the Czech Republic by assets) or a Dubai-based management consulting start-up. His expertise lies mainly in Real Estate, Private Equity and Financial Services. He has worked or studied in the USA, WE, CEE, Middle-East or Asia. Dan holds MA in International business and MSc in Finance, likes hiking, cycling and all types of challenges.

Martin Benroth

Martin Benroth

Co-founder; Investment Director
SOCIAL MEDIA
LinkedIn

Martin is a co-founder and Investment Director of Silverline Real Estate.

He is spearheading the investment process and value creation projects and contributes to fundraising activities. Martin also leads all Marketing & PR activities of Silverline Real Estate.

Prior to starting Silverline Real Estate,

Martin was a Manager at a global consulting firm Kearney. He has gained expertise on international level and across industries, including Private Equity, Real Estate, or Telecommunications. Martin is a nature lover and never misses an opportunity to run, climb, or ski.

Vojtech Brix

Vojtech Brix

Co-founder; Investment Manager
SOCIAL MEDIA
LinkedIn

Vojtech is a Co-founder and Investment manager of Silverline Real Estate.

He manages investment projects from acquisition, through value creation to exits. Vojtech is also responsible for financial management of the fund and supports fundraising activities.

Prior to starting Silverline Real Estate,

Vojtech worked in venture capital, where he managed a portfolio of startups, developing the investment pipeline and managing investment processes. Prior to that, he worked for more than 5 years at global management consulting firms Kearney, PwC and Deloitte, primarily in M&A and strategy. In his spare time, he enjoys golf, rock climbing and his dog.

Greenfield development close to large cities with population inflow

We target land already approved for residential development, primarily in proximity to Prague and other large cities which is suitable for rapid development (2-3 years). In Phase 1 of the development, we ensure land zoning decisions, building permits, develop utility networks, driveways to secure full readiness of the resulting building plots for construction. In potential phase 2, we develop the family or apartment houses as a turnkey project.

Apartment houses in major cities with renovation / add-on opportunities

Based on analytical rigor & previous experience, we will be looking for real estate in centers of major cities in CEE region suitable for development of modern, often smaller-scale residential apartments. Purchased assets might be both outdated apartment houses or sub-prime offices, currently often mispriced, due to low demand resulting from remote/hybrid ways of working.

Leisure apartments in prime resorts

COVID-19 acted as a trigger for regional tourism that led also in the Czech market to strong demand from mountain apartments, especially in prime locations. As the supply of such units is limited, price skyrocketed (reflecting that of prime residential apartments in center of Prague). We will be looking for renovations of elderly housing lodges or even greenfield developments to satisfy the continued high demand.