The Czech Real Estate Fund Arete Invest has signed an important contract
Prague / Nove Mesto nad Vahom, 10th of January 2018
Arete Invest, the Czech fast-growing real estate investment fund, extended the lease agreement with the C&A clothing chain in the industrial park in Nové Město nad Váhom. C&A will rent it for at least six years. C&A has been running its European distribution center in Nove Mesto nad Váhom for nine years there. The company Raben Logistics and Vetropak Nemšová are also located in the same industrial park. All the spaces in the park are occupied and, in addition, by extending the lease agreement with C&A, the average lease length has increased to 5.3 years, which is unusually long for a purely logistic location. Arete Invest plans to expand the complex by up to 49,000 square meters.