WE HAVE ALREADY PLANTED A GREEN AREA LARGER THAN THE 17 FOOTBALL FIELDS

The ARETE INDUSTRIAL fund is one of the first "light green" real estate investment funds in the Czech Republic. The fund has implemented an ESG strategy according to Article 8 of the European Commission's SFDR regulation, under which we have committed to, among other things, planting trees around the industrial and logistics parks in the fund's portfolio.

This time, colleagues from ARETE's development team went to Zdice, where construction work on a new warehouse of over 7,000 m2 is nearing completion. During a sunny spring day, they planted young trees of several native species. The area is now decorated with wild pear trees, wild apple trees, crab apple trees and rowan trees. They will not only contribute to the beautification of the surroundings and the restoration of the original natural environment, but also to the reduction of the overall carbon footprint of the park.

Specifically, as part of ARETE Group's comprehensive ESG strategy, we have committed to planting one tree for every 500 m2 of new leasehold space developed. At first glance, this may not seem like a large number of trees. However, when you consider that the ARETE INDUSTRIAL fund currently has over 200,000 m2 of leasable space and space under construction, that's quite a nice tree planting.

Since the fund opened, we have already planted a green area of more than 126,000 m2, which is equivalent to the size of more than 17 football fields.