RENTAL HOUSING
INVEST IN THE DEVELOPMENT OF AFFORDABLE HOUSING
JASMINUM connects capital from qualified investors with residential projects. As a partner of the Hestia fund in rental housing, it also offers investors the opportunity to participate through the fund in projects intended for long-term rental. In this way, it combines an investment opportunity with the development of high-quality, affordable housing in Slovakia.
HOW RENTAL HOUSING WORKS
The model is based on apartment buildings intended for long-term rental. Their owner is responsible for property management, maintenance and tenant relations. Households gain access to a home without having to buy a property of their own, while the project generates rental income through its operation.
In Slovakia, the state-supported rental housing system also contributes to the development of this segment. It combines private capital with rules for affordable housing, including rent regulation and criteria for selecting tenants. Employers may contribute to their employees’ rent, provided the applicable conditions are met.
JASMINUM AND HESTIA
JASMINUM is a partner of the Hestia fund in the development of rental housing. Hestia (Fund) SICAV is a Liechtenstein investment fund and is one of the investment partners of the Agency for State-Supported Rental Housing in Slovakia.
The partnership creates opportunities to invest capital from Jasminum investors in this segment of residential real estate. The fund’s specific form of participation in a project is determined by its investment strategy and the contractual arrangements for the particular investment.
PANÓNSKA IN BRATISLAVA
One example is the Panónska project in Bratislava’s Petržalka district, which Jasminum features in its portfolio. Its rental component is planned to include 151 apartments and is also featured on the portal of the Agency for State-Supported Rental Housing. It shows how a single residential project can combine the development of new homes with their long-term use as rental housing.
PANÓNSKA IN BRATISLAVA
One example is the Panónska project in Bratislava’s Petržalka district, which Jasminum features in its portfolio. Its rental component is planned to include 151 apartments and is also featured on the portal of the Agency for State-Supported Rental Housing. It shows how a single residential project can combine the development of new homes with their long-term use as rental housing.
PANÓNSKA IN BRATISLAVA
One example is the Panónska project in Bratislava’s Petržalka district, which Jasminum features in its portfolio. Its rental component is planned to include 151 apartments and is also featured on the portal of the Agency for State-Supported Rental Housing. It shows how a single residential project can combine the development of new homes with their long-term use as rental housing.
Rental housing projects broaden the options for households seeking a long-term home and wishing to retain flexibility.