menu
RSBC announces equity investment into easyBNB

RSBC announces equity investment into easyBNB

In early February, the RSBC Group invested in easyBNB, a company that administers and manages short-term apartment rentals. The aim of the investment is to provide the company with funding for further expansion.

The RSBC Group announced that in early February it invested in easyBNB s.r.o., a company that administers and manages short-term apartment rentals for property owners. The transaction was handled by RSBC’s subsidiary, Czech Unit Trust a.s., which acquired a 30% share.

All of the funding was invested directly into the company and will be used for its future expansion. The management team sees potential not only in Prague, but also in the broader Central European region and other popular tourist destinations. By agreement between the parties the amount of the investment will not be made public.

“We see strong potential for growth in professional short-term apartment rental services, which will be supported by the increasing regulation of this sector and related growth in administrative requirements. It is also a new market without any dominant players at this point,” said Miloslav Vyhnal, Chief Investment Officer at RSBC.

Managing directors of easyBNB Kevin Gestin and Faiçal Orakzai are excited about the new funding and look forward to working with RSBC. Faiçal Orakzai adds: “We view RSBC as a strong partner with extensive experience in property management. Our companies share an ambition to create a regional leader providing exceptional quality in both services and technology.”

By investing in easyBNB, RSBC will expand its current real estate business activities. They focus namely on property acquisitions and management, management of real estate funds, and provision of related services. RSBC also holds the master CENTURY 21 franchise for the Czech Republic.

The easyBNB company is a specialist in short-term rentals. The company offers property owners and managers comprehensive services, from interior design to legal and administrative services. It operates in Prague as well as Madrid, Spain and Athens, Greece. easyBNB’s use of technologies make it possible to offer apartments through over 35 platforms, including Booking.com and Airbnb.

 

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Cookie Settings to provide a controlled consent.
Settings Accept
You can refuse consent here.
×
Cookie settings

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyse and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customised ads.