Slovakia Approves New Investment Partner for State Rental Housing Program

The Slovak government has officially approved the Vosem Fond nájomného bývania, managed by Vosem Capital, as an investment partner for its state-supported rental housing program. This decision, made during a Wednesday session, also greenlit the signing of an investment agreement with the fund, marking a significant step in expanding affordable housing options.

The Ministry of Transport, which submitted the proposal, confirmed that the fund met all selection criteria. The investment agreement outlines that the fund will realize rental housing projects through Slovak-based landlords. In the long term, the ambitious goal is to construct, acquire, operate, and manage a minimum of 3,000 new apartments across Slovakia. At least 60% of the fund's asset value will be invested in real estate companies that function as landlords and owners of apartment buildings, adhering to the rental housing law.

This partnership aligns with the state agency's broader objective to facilitate the construction and acquisition of at least 100,000 new rental apartments in Slovakia in the upcoming years. The investment partner is required to maintain a minimum net asset value of 50 million euros, a target they must achieve within 18 months of the agreement's effective date.

Vosem Capital submitted its application for investment partner status on March 20, 2026, and the Agency for State-Supported Rental Housing's board evaluated and approved its eligibility on April 20. The agency currently collaborates with five other investment partners, including Kooperativa poisťovňa - Vienna Insurance Group and Slovak Affordable Living SICAV.