ARETE is the Best Real Estate Property Fund Manager in the Czech Republic.
Prague, 1st of December 2023
Our ARETE team has received an exceptional award. Amid strong competition, we triumphed in the category of Best Real Estate Property Fund Manager of the Year. The jury positively evaluated the high standard of our long-term conceptual work in managing our funds, our responsible approach in preparing and implementing investment strategies, the precise timing of acquisitions and developments, and, not least, the consistent utilization of market opportunities.
Our emphasis on sustainable, not just environmentally responsible, business practices was also recognized, as our funds are among the "light green funds" according to the European SFDR directive. Also crucial was the appropriate approach chosen in managing our third fund, ARETE INDUSTRIAL, where a strategy based on low leverage, broad portfolio diversification, and the choice of industrial parks as underlying assets has proven to be consistently correct and successful.
The high professional standard of our development team is evidenced by another award received within the 23rd edition of the CIJ Awards Czech Republic. ARETE Park Valašské Meziříčí impressed the jury so much that it won the award for Best Warehouse Development <16k of the Year. The success was crucially tied to a well-chosen location and a high-quality tenant of the park, DB Schenker. A significant part also included the high-quality construction of the entire park, the use of modern and sustainable technologies, and obtaining the BREEAM certification.
The high expertise of the team, preference for closed investment cycles of our funds, active portfolio management approach, in-house development activities, and other aspects are just a few fragments from the mosaic that constitutes the ARETE group and its funds. We thank our investors, partners, suppliers, and advisors for their support. Achievements are our positive commitment to the future.