banks and investors on projects that we would not have
achieved as a normal company. The fund currently has
investments approaching 700,000,000 CZK and involves
over 450,000,000 CZK in equity. We want to see how
good we are. The fund‘s shares are therefore traded on
the Prague Stock Exchange.
Žaneta: It is also necessary to add that we use the fund
to motivate and stabilize our people. They have the
opportunity to invest in the fund‘s shares on favorable
terms compared to the public. In addition, they have
direct contact with the fund‘s management responsible
for its performance and profitability, which increases the
security of their investment. Such a combination is not
very common on the market.
for disappearing opportunities, and a growing number
of disappointed sellers have not looked after the sale
and are now facing complaints from new owners. An
interestingly controversial topic is also auctions—sellers
often welcome them as an opportunity to „overcharge“
the price, which, however, is not positive for buyers. Few
people see the auction as a tool to quickly determine
a ‚fair‘ price where no price comparison is available.
Due to the satisfaction of only a certain group of market
participants, we perceive the current real estate market
in the Czech Republic as unbalanced.
Žaneta: The current real estate market is also very
competitive from the point of view of real estate
intermediaries. Last year, however, the Real Estate Act
What is the current state of the real estate market
in the Czech Republic, i.e. in the Moravian-Silesian
Taťána: It would not be out of the question to talk
about the enormous rise in prices, real estate as an
alternative form of investment, etc. However, we always
evaluate the state of the real estate market in the Czech
Republic from the point of view of its participants—
sellers, buyers, real estate agencies, brokers. While
sellers are experiencing a boom and an increase in
so-called self-sellers, buyers are desperately watching
came into force, which requires brokers to comply
with certain conditions. However, it is very difficult for
clients to distinguish who meets them. But STING is
one step ahead: we don‘t just want to be trained, we
want to train straight out how reality is done right. That
is why we organize our own Real Estate Examinations
accredited by the Ministry of Regional Development.
The expertise and quality of our brokers, and therefore
client satisfaction, are always our number one priority.
Thank you very much for the interview.
Foto: Jiří Staněk
POSITIV 3/2021 ǀ 73