Extension of ARETE Park for Zásilkovna was completed and handed over to the tenant for use
Prague, 25th March 2024
A few days ago, the Zásilkovna company, which has been using the premises of the main hall of the Pilsen industrial park since last year, also took over the use of an extension of approximately 2,000 m2.
The total lettable area of the Pilsen park thus increased by 12.4% to 17,785 m2. The logistics sector now accounts for 33% of the park, while manufacturing accounts for 67%.
The extension of the complex also increased the total lettable area of the ARETE INDUSTRIAL fund to 172,264 m2. The share of logistics by floor area in the total portfolio of the fund in the Czech Republic and Slovakia is now 57%. The overall portfolio exposure between countries is as follows: 65% Czech Republic, 35% Slovakia (lettable area standing + under construction).
Zásilkovna, a leading Czech logistics and technology company, was founded in 2010 to provide comprehensive logistics services for online stores. The company's dense network of drop-off points in the Czech Republic and abroad is essential, with dozens more opening every month. For its operations, it needs premium logistics and storage facilities, such as those in ARETE Park Plzeň Borská pole.
The Borská pole location has historically been a hub for manufacturing and logistics in the region and has long been one of the premium locations nationwide. Nowadays, it goes even further and provides facilities for high-tech research and development centers and other highly qualified activities. The industrial park project in Pilsen is also exceptional in that way it is the first complete modernization of a brownfield site.