Arete Invest bought the halls in Vyškov. Because of the transaction, the company had to resolve the litigation of the previous owner first
Prague / Vysko, 7th of February 2018
Real Estate Fund Arete Invest has acquired a new addition to its portfolio - a fully leased industrial complex in Vyškov. Interesting on the transaction is not the size of the property or the price, which ranged around 10 million EUR (quarter billion crowns), but the circumstances of the sale.
The Czech Fund picked up the Vyskov complex already in June 2015. Among other things, it is being leased to the manufacturer of design plastics - Rompa CZ. It has been growing well in recent years. But fund managers soon found out that the real estate is practically unsaleable…