The fund
A captive investment fund, owned and operated by the group. It finances every project in the portfolio and holds the resulting equity.
About · Trade Estate Group
A developer with
two decades of operations.
Trade Estate Group develops and operates real estate in the Czech Republic and the United States. Thirteen projects delivered since 2006. The group operates a captive investment fund through which outside investors hold equity in the same portfolio on terms identical to the principals.
Position
A developer first.
The fund is the vehicle.
Trade Estate Group is a real estate development holding. We acquire land, design, build, lease, and operate. Thirteen projects have been delivered since 2006, in the Czech Republic and the United States.
In 2024 the group formalized its captive investment fund. The fund is owned and operated by the group and finances every project in the portfolio. Investors hold equity in the fund and share the same rental income, capital events, and exit proceeds as the principals.
Tokenized fund units (real‑world asset infrastructure) are in development. They will be a recordkeeping and liquidity layer on top of the fund — not the business model. The business is the buildings.
Development
Land acquisition, design coordination, construction management, leasing, and final delivery — handled end‑to‑end by an in‑house team.
Asset management
Ongoing operation of income‑producing assets — rental management, governance, investor reporting, and distribution administration.
- 13
Projects delivered since 2006 across the EU and the United States
- $19M
Invested capital across active and completed projects
- 20yrs
of continuous developer operations since 2006
- 10–15%
Target IRR · combined rental yield and development upside
Track record
Two decades. Four jurisdictions. One operating group.
- 2006
Trade Estate Development s.r.o. founded
The group's founding entity is registered in Prague (IČO 276 00 777). The development model — direct land acquisition, in‑house design coordination, and managed construction — is established with the first Prague residential project.
- 2013
Trade Estate SE and Trade Estate Design s.r.o.
Trade Estate SE (Societas Europaea, IČO 016 94 545) is registered in Prague as the public‑company vehicle for investor‑facing activity. Trade Estate Design s.r.o. (IČO 014 00 487) is set up to formalize architectural design and project planning as a separate operating function.
- 2013–2019
Czech residential portfolio
Residence Pobočna, Rezidence Jahodnicka, Rezidence Vojanka, Dream Village, and Italska are completed across Prague and the surrounding region.
- 2020
First project outside Central Europe
Bavaro Beach Residences in Punta Cana is delivered ahead of schedule. The group begins reviewing additional markets outside Central Europe.
- 2022
U.S. operating entity established
TE & KD Group LLC (FEI 32‑0692743) is registered in Fort Lauderdale, Florida. The entity coordinates U.S. pipeline activity and Reg D 506(c) investor relations.
- 2024
Captive investment fund formalized
Trade Estate SE formalizes the captive fund structure. The fund begins financing all new development projects in the portfolio on uniform terms.
- In development
Tokenized fund units
Real‑world asset infrastructure (tokenized fund units) is in development as a recordkeeping and liquidity layer on top of the fund. The fund's underlying terms and economics will not change when they go live.
The people behind the work
Operators, not promoters.
Across four disciplines.
Six principals lead the group across development, capital, operations, and design. Execution in each market is handled by local teams familiar with the jurisdiction.
Co‑founder · CEOViktor Kamyshentsev
Founder of Trade Estate Group. Two decades in real estate development across Central Europe and the United States.
Co‑founder · CEOAnastasija Datlova
Co‑founder of Trade Estate Group. Responsible for capital strategy and investor relations.
Chief Operating OfficerAnastasiya Kipenskaya
Oversees group operations, governance, and the production of investor reporting.
CEO · Trade Estate DevelopmentGeorgiy Arustamyan
Heads project delivery and construction management for the development division. Head of Operations at group level.
Director of Project DesignVitali Griniov
Directs architectural coordination and design management across all projects in the portfolio.
Marketing and Communications DirectorKaterina Dzergun
Leads investor‑facing communications, brand, and content for the group.
Where we operate
Centralized strategy.
Local execution.
Strategy, financial modeling, and governance are centralized at the group level. Execution in each market is delegated to local professionals — architects, contractors, and legal counsel familiar with the jurisdiction.
- Czech Republic
Home market
Prague residential and commercial development. Five projects delivered to date, with additional pipeline assets currently in pre‑launch.
- United States
Fort Lauderdale
TE & KD Group LLC (FEI 32‑0692743) coordinates the group's U.S. pipeline and Regulation D 506(c) investor relations.
- European Union
Pipeline and partnerships
Selective pipeline opportunities and regional partnerships outside the Czech home market. Infrastructure work on the fund's future tokenized units.
Fund structure
A private fund.
Governed and documented.
- EU fund issuer
Trade Estate SE (Societas Europaea · IČO 016 94 545), registered in Prague, Czech Republic. The investor‑facing entity for the European fund tranche.
- U.S. operating entity
TE & KD Group LLC (Florida LLC · FEI 32‑0692743), registered in Fort Lauderdale, USA. U.S. participation under Regulation D, Rule 506(c). Available to verified accredited investors only. Not registered with the SEC.
- Investor reporting
Subscription agreements, fund letters, and statements are delivered through the investor platform for the duration of the position.
- Tokenized infrastructure
Tokenized fund units (RWA infrastructure) are in development. The fund's underlying terms and economics will not change when they go live.
Group structure
One brand.
Several registered entities.
Trade Estate Group is the brand under which several registered entities operate in the Czech Republic and the United States. Each entity has a specific role; the investor‑facing fund is issued by Trade Estate SE. Trade Estate Group is the unregistered brand under which several legal entities operate across the Czech Republic and the United States.
Trade Estate SE
Societas Europaea (European public company)
Fund issuer · investor‑facing entity for European subscription
IČO016 94 545Registered29 May 2013JurisdictionCzech Republic · PraguePrague, Czech RepublicTrade Estate Development s.r.o.
Společnost s ručením omezeným (limited liability company)
Czech development operations · the group's founding entity
IČO276 00 777Registered18 September 2006JurisdictionCzech Republic · PraguePrague, Czech RepublicTrade Estate Design s.r.o.
Společnost s ručením omezeným (limited liability company)
Architectural design and project planning
IČO014 00 487Registered13 March 2013JurisdictionCzech Republic · PraguePrague, Czech RepublicTE & KD Group LLC
Florida Limited Liability Company
U.S. operating entity · Florida development and investor‑relations base
FEI/EIN32‑0692743Registered2022JurisdictionUnited States · Fort Lauderdale, FLFort Lauderdale, FL, USA
Trade Estate Group is a brand, not a registered legal entity. Investor subscriptions are made into specific entities, each identified in its subscription documents. Additional U.S. entities, including a U.S. corporation, also operate within the group and are disclosed during due diligence on request.
Coverage and interviews