News

The ARETE group is strengthening its logistic premises and has attracted new lessees in the Czech Republic and Slovakia

Prague, 25 June 2020 – Despite the Coronavirus crisis, the ARETE investment and real estate group has managed to fill vacant areas on its premises and extend contracts with lessees in recent months. In Nové Mesto nad Váhom, ARETE has prepared more than 7 thousand m2 of premises for TPL, a logistic company, intended primarily for food storage. CTE Cargo sped, a sea and air carrier, moved back to the premises in Lovosice, which cover an area of​​4.3 thousand m2 and the contract with Fiege, a company providing reverse logistics for the Zalando fashion brand, has been extended for eight years. The occupancy rate of all ARETE's premises is therefore now 100 %.

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

Prague, 18 June 2020 – 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.

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