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    Radovan Vítek

    Czech entrepreneur

    Radovan Vítek (born 22 January 1971) is a Czech billionaire real estate investor, and majority shareholder in CPI Property Group, which owns a €9.8 billion property portfolio of 418 properties including offices, retail, 12,306 residential units and 10,488 hotel beds.

    Career

    Radovan Vítek started his property career in Slovakia 1990's voucher privatization, before returning to the Czech Republic in 1997.[1] In 1996, Vitek acquired an investment fund, Boleslavsko, which he transformed into his key real estate investment vehicle (now CPI).

    In the early 2000s, CPI acquired a wide portfolio of real properties and land in the Czech Republic and Slovakia.

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    His primary focus was the quickly developing retail sector, as the Czech Republic was preparing to join the European Union in May 2004. During the economic downturn, in the absence of competitive bidders, Vitek significantly increased his investment into the office segment.

    In 2014, Ra