The Julius Meinl Investment SICAV fund and its Julius Sub-Fund 2024 sub-fund have been established.
According to the Czech Republic’s Glatzova & Co law firm, which advised on the creation of the funds, “through The Julius Sub-Fund 2024, investors can invest in shares and bonds of Julius Meinl Living Plc, a company that develops and operates luxury hotel residences in Europe. The flagship project of Julius Meinl Living Plc is The Julius Prague on Senovazne Namesti, a 168-room luxury hotel residence. The company also operates another hotel property in Budapest, and the opening of the new The Julius residence in Bucharest is expected soon.”