ARETE INVEST IS EXPANDING A HALL FOR FORSCHNER IN UHERSKÉ HRADIŠTĚ
Prague / Uherske Hradiste, 27th of August 2019
the Arete investment group, which includes the newly established Arete Industrial fund, has commenced construction work to expand the existing production hall by approx. 4200 m2in the industrial and logistics park in Uherské Hradiště.
“With this development in Uherské Hradiště we are fulfilling our strategy to broaden this site on the expansion lands we have had since the start of the acquisition,” comments Lubor Svoboda, co-founder of the Arete group, adding: “This will provide us with another modern hall which is being built according to the latest technological and environmental standards, which will enable the tenant to maintain the high standard of its production process, optimise operating costs and improve its economic results.”
The new hall should be completed at the turn of the first and second quarter of 2020. The project includes, amongst other things, the construction of modern clean operations for the manufacture of components for electric vehicles in accordance with the strictest international standards, covering an area of approx. 680 m2, including LED lighting, with constant temperature and humidity. The construction project naturally includes rainwater infiltration and air recovery. Other integral parts of the hall include modern office and sanitary facilities for employees. The expansion for Forschner will cover a total area of 4 300 m2.
The Class A industrial complex in Uherské Hradiště with its excellent transport links to Slovakia and south Moravia has been part of the Arete Invest portfolio for three years now and its 100% leased by Forschner, which has grown from a German family firm to become a multinational company. It specialises in electromobility, the production of cable and electromechanical systems and other components intended especially for the automotive industry. Its clients include Audi, Continental, Daimler, Volkswagen, Philips and Bosch.