Introducing the fifth ZDR acquisition of 2024

ZDR Investments has successfully completed its fifth acquisition of 2024. The newly acquired JYSK store, which opened in 2022, is now part of the Master Fund's portfolio. This is already the 14th store leased by Danish retailer JYSK.

The JYSK store exemplifies stability. The average lease term for the entire JYSK store portfolio is 8.2 years. The weighted lease term for the new property is even higher, at 8.44 years. JYSK, along with grocery and daily necessities stores, is an important tenant of our retail parks.

JYSK Vrchlabí, Czechia

• Fund: Master Fund
• Leasable Area: 1 242 sqm
• Year of Opening: 2022
• WALE: 8,44 years

"Since the beginning of this year, this is the fifth acquisition directed towards the Master Fund. Like the previous ones, this acquisition confirms our intention to invest in stable and long-term leased commercial properties. The JYSK chain, with nearly 17,000 sqm of leased space, accounts for almost 5% of the total leasable area of the ZDR group's international portfolio," said Radek Hladký, partner of the ZDR Investments group. The entire ZDR Investments portfolio consists of three funds and 67 properties. The Master Fund is the largest.

Founded in Denmark in 1979, JYSK now operates more than 3,300 stores in 48 countries. In our funds, there are JYSK stores based in Czechia, Slovakia, Slovenia, Croatia, and Austria. The company employs around 31,000 people and is one of the most popular employers in Europe.