ARETE Park Rokycany I, spanning more than 22,000 sqm, has been completed, with the final unit handed over to its tenant – once again the Czech subsidiary of the French company Hutchinson. The company has been operating in the park since last year and has now decided to expand its footprint to occupy nearly one-third of the site. ARETE Park Rokycany I is part of the ARETE INDUSTRIAL fund portfolio.
The final unit, measuring approximately 2,500 sqm, is located in the park’s second hall, which has just been completed. The building comprises three rental units with a total area exceeding 15,000 sqm. Hutchinson s.r.o. will lease the last unit, expanding its total space in the park to over 7,000 sqm – nearly one-third of the park’s total leasable area.
The total size of ARETE Park Rokycany I exceeds 22,000 sqm. Both halls were developed to meet high technical and environmental standards. This is evidenced by the BREEAM® New Construction sustainability certificate at the “Very Good” level awarded to the first hall. The second hall is currently undergoing the certification process. Once certified, the facilities will rank among the top 25% of comparable buildings worldwide in terms of sustainability. The park also benefits from a prime location directly off Exit 62 of the D5 highway, the key corridor connecting Prague with the German border.
Hutchinson s.r.o. is the Czech subsidiary of the French company Hutchinson, part of the global TotalEnergies Group. Since 1994, Hutchinson has operated a production facility in another part of Rokycany, specializing in manufacturing rubber components for the automotive industry, including hoses for air, fuel, oil, and water systems. The company has signed a long-term lease and will share the completed hall with another tenant.
Hutchinson is a global leader in vibration control, fluid management, and sealing technologies. The company provides innovative and intelligent solutions to demanding markets, including automotive, aerospace, defense, energy, rail, and industrial sectors. With 40,000 employees in 25 countries, Hutchinson focuses on creating safer, more comfortable, and more sustainable mobility across air, land, and sea – adapting its solutions to environmental challenges.
The ARETE INDUSTRIAL fund invests in premium industrial real estate. Its portfolio currently includes 11 industrial parks strategically located across regional hubs with strong infrastructure and labor availability. Geographically, the portfolio is diversified across three countries: 48% in the Czech Republic, 27% in Slovakia, and 25% in Poland. The group is now shifting part of its focus abroad, with new acquisitions planned in the coming months.
“We completed construction at ARETE Park Rokycany I on schedule while maintaining high technological and ecological standards,” said Miro Barnáš, CIO of the Real Estate division at ARETE Group. “We are now focusing, among other priorities, on upcoming foreign acquisitions to maximize the overall value of the ARETE INDUSTRIAL fund portfolio,” he added.
The ARETE INDUSTRIAL fund is one of the first real estate funds in the CEE region to be classified as “light green” under the EU’s SFDR regulation.
About ARETE:
ARETE Group has been a professional asset manager since 2014, delivering tailored investment solutions to institutional and qualified investors through two distinct strategies focused on real estate and the energy transition. The foundation of ARETE’s investment approach lies in the disciplined structuring and management of investment cycles across all assets and products. The Group’s strong track record includes two closed-ended investment funds, both fully exited with above-market returns. ARETE currently manages the ARETE INDUSTRIAL fund, which targets high-quality industrial real estate investments, and the recently launched ARETE ENERGY TRANSITION fund, focused primarily on investments in flexible energy sources. Both funds are open exclusively to qualified investors. For more information, visit www.arete.eu.
For more information, please contact:
Miroslav Barnáš, phone nr.: +421 951 277 366
E-mail: miroslav.barnas@arete.eu
