The ARETE Czech investment and real estate group is entering the Slovak, German, and Austrian markets

The ARETE investment and real estate group has successfully completed the notification process in Slovakia, Germany, and Austria. In these countries, it can now actively offer entry to foreign investors to its third fund, ARETE INDUSTRIAL, opened this year. Slovak, German, and Austrian investors should thus have a share of up to 50% in it. This fund invests in completed industrial real estate in Central and Eastern Europe, but will also build new logistics and manufacturing buildings itself. In Slovakia, the ARETE group already owns and develops a range of real estate in Žilina, Nové Mesto nad Váhom, and Košice with a total value of over EUR 50 million.

"We consider the Slovak market, in particular, to be very promising. We already have a range of real estate in our portfolio there, as well as our own team and office. Gaining the possibility to actively offer to investors thus represents a logical step in the development of our ARETE group. Slovakia, Germany, and Austria have great potential, and we have already verified that there is demand for investing in our fund in these countries,”  said Lubor Svoboda, ARETE group co-founder .

“We want to be an international fund working through international standards and with an international investor portfolio. We plan that Slovakia, Germany, and Austria will provide up to 50% of the investors in our fund,”  adds Robert Ides, the other ARETE group co-founder. “Although we are also considering opportunities in other Central European countries, we want to continue to buy real estate in particular in the Czech Republic and Slovakia,”  he adds.

Obtaining all the necessary permits took about two months in total, and required a number of legislative conditions to be met. Investors from countries outside the Czech Republic were already able to enter ARETE funds on their own initiative, but now ARETE can actively address investors from these countries. This activity on foreign markets then falls under the responsibility of the national financial market regulators.

The third ARETE group fund, which was the subject of the notification process, has been open to investors since the start of this year. It will invest in completed industrial real estate in Central and Eastern Europe, but will also build new logistics and manufacturing buildings itself. The target value of its portfolio should be close to CZK 12 billion, and the portfolio should include over 600,000 m²  of leasable areas and more than 300,000 m²  of building land for further construction.