2. 9. 2024

ARETE Investment Group's Ten-Year Anniversary

Prague, 2nd September 2024

ARETE Investment Group's Ten-Year Anniversary

This year, ARETE Investment Group celebrates a decade of success in the market. Over the past ten years, the group has achieved significant milestones, establishing itself as a pioneer in closed-end real estate funds in the Czech Republic. ARETE is the only investment group in the country to have successfully closed two real estate funds and fully paid out its investors.

In 2014, Robert Ides and Lubor Svoboda founded ARETE with a vision to elevate the investment landscape in the Czech Republic. The group quickly attracted its first investors from Singapore, laying the foundation for its growth. Initial investments were directed towards residential buildings, which were later sold at a profit. As the team expanded, so did the number of experts and investors.

The first fund, ARETE INVEST CEE, was focused on a residential portfolio and closed its investment cycle with a gross return of 39% per annum. This success was followed by the second fund, ARETE INVEST CEE II, which focused on industrial real estate and achieved an average gross return of 11% per annum.

ARETE has become synonymous with successful investments and professional fund management. The group's current activities continue with the new ARETE INDUSTRIAL fund, which focuses on industrial real estate with the goal of quadrupling the assets under management. The fund currently manages assets worth over 230 million euros, with a target volume of 500 million euros. Its portfolio includes 11 parks with 18 high-quality tenants, providing 201,000 m² of leasable space and space under construction.

ARETE INDUSTRIAL has also become one of the first "light green" funds in the Czech Republic under the European SFDR regulation, aligned with the group's ESG strategy. ARETE's logistics and industrial parks are built to high technological and environmental standards.

Looking ahead, ARETE has ambitious plans. In addition to continuing to grow the portfolio and value of its third fund, the group plans to expand its activities into new funds and investments in energy infrastructure. ARETE also plans to further extend its investments into Central and Western Europe, thereby strengthening its market position.

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