Invest in industrial project bonds with a fixed annual return of 7-8%.

A project bond is a security through which an investor lends money to a specific company for a specific real estate project, with a pre-agreed return and a set maturity date. In our case, these are bonds issued by Log Sympatia Holding a.s., and the proceeds are used exclusively to finance the construction of industrial halls in Croatia and Slovenia.

Unlike a bank deposit, the investor has a clearly defined return in advance and knows exactly where the money is going. Unlike equities, the return does not depend on market fluctuations, but on the issuer meeting its obligations.

A zero-coupon bond is a bond that does not pay regular coupon interest during its term. Instead, the investor buys it at a price below its face value and receives the full face value at maturity.

Benefits of a zero-coupon bond: predictable return, no reinvestment risk from coupons, and (after holding it for one year on the stock exchange) a tax-exempt sale.

LSH is short for Log Sympatia Holding a.s., the bond issuer. It is the holding company of the Sympatia Group and, through its subsidiaries, owns industrial real estate in Croatia and Slovenia.

Log Sympatia Holding’s role is to manage, finance, develop, and lease these properties. Funds raised through the bond issuance are used exclusively to finance specific development projects carried out by its subsidiaries.

The ability to purchase additional project bonds depends on the stage of the development project. In some phases, the project requires more financing, and in others less. For this reason, project bonds may not always be available for purchase.

Yes. LSH bonds are admitted to trading on the regulated free market of the Bratislava Stock Exchange (BCPB) and can also be sold over the counter (OTC).

This means there is a liquid market where you can sell the bonds at the current market value at any time before maturity. If you sell after holding the bonds for more than one year and one day, the proceeds from the sale are exempt from income tax for individuals.

Please note, however, that the market price may differ from your purchase price. It can be higher (as the bond’s value increases as it approaches maturity) or lower (due to changes in market conditions).

Government bonds are generally more conservative and close to risk-free, but they offer lower returns. Project bonds carry higher risk, as they depend on the creditworthiness of a specific issuer, but they offer proportionally higher returns and are backed by real assets such as land, industrial halls, and lease agreements with international companies.

For a balanced portfolio, many investors combine both.

Every investment involves risk. In general, the higher the expected return, the higher the level of risk an investor must be prepared to take.

You can find all key information about the amount of your investment and its performance in your client portal.