Arete Invest annual results 2017: Auditors confirmed 44% return
Prague, 15th of May 2018
The gross return of the currently open Arete Invest CEE II sub-fund reached 44.2% in 2017, so the cumulative gross income reached 82.2%. As in the previous year, investors received the annual distribution of 6%. The value of assets under management of the sub-fund almost tripled during the year from EUR 24 million to EUR 70 million. The Deloitte auditors performed detailed control of the results under the new stricter rules.
"The past year was very successful for us. We managed to double the value of assets under management, multiply the number of investors, further diversify our portfolio and maintain premium earnings for our investors. The results reflect the potential of the Czech and Slovak real estate investment environment and significantly outperform the market, "said Robert Ides, co-founder of Arete Invest. "Even in the years to come, we want to give our investors an extraordinary appreciation. At the same time, we continue to keep the promise we have given them, and we have traditionally paid off part of the distributions on a quarterly basis. "