To prove its ability to invest, manage and divest with profit, the first subfund, ARETE INVEST CEE was established in 2015. Residential portfolio was acquired in 2015, restructured and subfund closed in 2017 with gross return of 39% p.a.. As part of the sequel after a successful start, the second subfund focused on investments into industrial assets was established in 2016. The ARETE INVEST SUBFUND CEE II closed the investment cycle in 2021 with paid out average gross return of 11% p.a.. Following the sale of the sub-fund's portfolio worth EUR 113.2 million (CZK 3 billion) to Cromwell European REIT (CEREIT), the principal and returns of all subfund investors were duly paid out and all bank financing liabilities have been fully settled. The third investment product of the group, the fund ARETE INDUSTRIAL, was launched in 2019 to enhance the previous strategy in size and scale while investing into the same asset class – industrial properties.