Macro Report_ARETE 05_2025
ARETE Park Rokycany I Completed, Hutchinson Expands as Final Tenant
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
ARETE INDUSTRIAL Fund Shifts Portfolio Focus, Sells Park Rokycany II and Targets Foreign Acquisitions
Prague, June 16, 2025 | In June of this year, the investment group ARETE successfully completed the sale of its premium logistics complex, ARETE Park Rokycany II, to the REICO LONG LEASE fund managed by REICO investiční společnost Erste Asset Management, a.s. This divestment is part of the ARETE INDUSTRIAL fund’s strategy to maximize returns from assets under management. The proceeds from the transaction will be immediately reinvested into new acquisitions and further portfolio development. ARETE Park Rokycany II offers nearly 30,000 m² of warehouse and office space built to high technical and environmental standards. In June 2025, the park also obtained BREEAM® New Construction certification at the Very Good level. A key benefit is the park’s strategic location near the D5 motorway, ensuring excellent logistics connectivity between Prague and the German border. Another attractive element for the buyer was the long-term single tenant – the German logistics company Thomas Duvenbeck Immobilien, part of the British investment group Waterland. “The strategy of the ARETE INDUSTRIAL fund is to generate and deliver the highest possible returns to its investors. By selling ARETE Park Rokycany II, we are freeing up capital that will be promptly reinvested into prepared acquisitions abroad. To maximize the overall value of the portfolio upon the fund’s planned exit in 2027, increasing the share of foreign assets is clearly a positive step – and we are now shifting part of the portfolio focus in that direction,” said Miro Barnáš, CIO Real Estate at ARETE Group. “Another important factor is that this successful sale confirms the liquidity of the fund’s portfolio assets, as well as their fair market value,” Miro Barnáš added. For more information, please contact:Miroslav BarnášTel: +421 951 277 366Email: miroslav.barnas@arete.eu 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.
TA3 Investment Conference: Energy of the Future
At the “Energy of the Future” conference, hosted by Slovak television TA3 on 25 May 2025, leading energy experts gathered to discuss the outlook for energy prices, energy investment, and energy security across the EU. Martin Pacovský, Chief Investment Officer at ARETE for the ENERGY TRANSITION strategy, was a guest speaker in the opening panel discussion. In his remarks, he focused on two key points: Why he sees natural gas as a critical component of modern energy generation Why investing in flexibility within the energy grid is essential You can watch the full recording of the panel discussion here: Investiční konference TA3 Energie budoucnosti The new ARETE ENERGY TRANSITION fund is built, among other things, on investments in flexible energy sources. The fund will primarily invest in flexible electricity and heat generation based on natural gas, with additional allocations to battery storage systems and renewable energy projects, especially across Central and Western European markets. Over the next four years, the ARETE ENERGY TRANSITION fund plans to invest CZK 5 billion, targeting an annual return of 11–12%.
ARETE Launches New Fund Focused on Flexible Energy Targeting CZK 5 Billion and an Annual Return of 11–12%
Prague, May 20, 2025 | Central European asset manager ARETE has launched a new investment fund, ARETE ENERGY TRANSITION, focused on strategic investments in flexible energy sources — a key pillar of the transformation of the European energy market. The fund will primarily invest in flexible electricity and heat generation based on natural gas, with additional allocations to battery storage systems and renewable energy projects, especially across Central and Western European markets. Over the next four years, the ARETE ENERGY TRANSITION fund plans to invest CZK 5 billion, targeting an annual return of 11–12%. “Energy flexibility is becoming absolutely critical for stable energy delivery, especially as Europe rapidly expands its renewable energy capacity,” said Martin Pacovský, Chief Investment Officer of ARETE Energy Transition. “We want to offer investors the opportunity to participate in the growth of a sector that will be essential to Europe’s future energy security and decarbonization goals,” he added. Investment activities will focus primarily on the Czech Republic, Slovakia, Poland, Germany, and Italy. First project The fund’s first potential acquisition is a combined heat and power plant in Poland. With an installed capacity of 6 MW, the facility supplies electricity and heat to more than 5,000 customers. Thanks to modern technology, it enables highly flexible electricity production during peak pricing periods. “This project perfectly illustrates the type of assets we aim to develop further. The combination of flexible generation and stable, regulated revenues is the core of our strategy,” added Pacovský. In total, the fund plans to invest approximately CZK 5 billion into energy projects over four years. Target Returns and Investment Horizon The fund will utilize conservative bank financing, targeting an annual return of 11–12%. The minimum investment horizon is four years, with investment shares available in Czech koruna or euros. The fund is open to qualified investors, with share classes ranging from CZK 1 million, or EUR 50,000. For more information, please contact:Martin Moc, PR ConsultantTel: +420 724 724 280 Email: moc@prmoc.net 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.
Macro Report_ARETE 04_2025
Macro Report_ARETE 03_2025
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Europe’s Energy Transition: An Opportunity for Smart Investors
Europe’s energy sector is undergoing a transformation, and investors are seeking new ways to grow their capital. In the latest issue of Euro weekly, Martin Pacovský, Chief Investment Officer for the Energy Transition strategy at ARETE, explains why flexibility is key. The rapid growth of renewable energy brings both opportunities and challenges — especially when it is not supported by flexible generation capacities and battery storage. Without these, the profitability of energy investments and the stability of supply decrease. At ARETE, we are preparing to launch the new ARETE Energy Transition Fund, targeting a combination of renewable energy, flexible generation, and battery storage projects across the EU. The fund aims for a stable annual return of 11–12% and plans to invest over CZK 5 billion in its initial phase. It will be open to qualified investors, with investments starting this May. A key point is that the fund will not focus solely on production volume but on the ability of projects to adapt smartly to changing market conditions. Flexibility has now become the primary driver of predictable cash flow and efficient returns in the energy sector.
ARETE Participated in a Record-Breaking National Food Drive, Bringing Hope to Those in Need
During the nationwide Food Drive, held annually since 2013, volunteers in green aprons assist donors with handing over non-perishable food and hygiene items at supermarket checkout areas. This act of solidarity has gradually become one of the largest charity events in the Czech Republic, made possible thanks to thousands of volunteers and support from partners across the country. Every donation — from a pack of pasta to baby food — is delivered via food banks to those who need it most. In the spring edition of the Food Drive held on April 26, 2025, the Czech public demonstrated unprecedented generosity. In just one day, donors contributed 464 tons of food and 54 tons of basic hygiene items — a record-breaking total of 518 tons of aid, equivalent to approximately 928,000 meals for people in need. The donated supplies provide vital relief for single-parent families, abandoned seniors, people experiencing homelessness, and other vulnerable groups. At the same time, the campaign helps reduce food waste by collecting goods that might otherwise go unused. ARETE and Raben Logistics Get Involved This year, employees and collaborators from the ARETE Group took an active part in the corporate collection — both in person at the office and through online donations. Their enthusiasm and personal commitment reflect ARETE’s corporate values and its broader commitment to social responsibility. The initiative was further supported by a financial contribution from the ARETE Group to the Food Bank, effectively doubling the total value of the donated aid. In line with its sustainability strategy, the ARETE Industrial Fund supports the development of local communities and volunteering — goals that are advanced through participation in local food drives. The main logistics partner of the campaign — for the tenth year in a row — is Raben Logistics Czech, which is also a long-term tenant in one of the industrial parks of the ARETE Industrial Fund. Raben provides comprehensive logistics services to businesses and industries and plays a key role in the success of this charitable initiative by ensuring collection and delivery of donated goods to regional food banks across the country. Thanks to Raben’s professional logistics network, 40 tons of aid were efficiently distributed across seven regions. “Once again, we’re seeing that people care about the wellbeing of others and want to help. We’re grateful to be part of an initiative like the Food Drive and help people in need live better lives,” said Jitka Kocálová, Marketing Manager at Raben Logistics Czech. At ARETE, we are proud that our employees and partners contributed to this meaningful project. The success of this year’s campaign — a 10% increase in donated food by weight compared to last year — confirms that when companies and the public unite, the impact is truly powerful.
