We handed over a new unit in ARETE Park Rokycany I to Safran Cabin CZ

We have completed a new unit within ARETE Park Rokycany I and handed it over to Safran Cabin CZ, a leading manufacturer of cabin interiors.

We are continuing the construction of the second building in ARETE Park Rokycany I, which will provide three rental units with a total area exceeding 15,000 sqm. The first unit, with an area of 8,357 sqm, was completed and handed over to Safran Cabin CZ, s.r.o. Here, the company will manufacture crew rest compartments, kitchen modules, and wardrobe closets for the Airbus A330 family of aircraft. The company has signed a long-term lease and will share the building with another tenant.

Safran Cabin is a global leader in cabin interiors, systems and equipment. The company has been operating in the Czech Republic since 2001, when it began manufacturing kitchen modules, wardrobe closets, lavatory units, and crew rest compartments for Airbus A320 aircraft in Plzeň at Borská Pole. It is a member of the Safran Group, an international high-technology group in aviation, defense and space markets, employing more than 92,000 people across 27 countries.

The total area of ARETE Park Rokycany I will exceed 22,000 sqm and the technical specifications of both halls meet the highest environmental standards, including achieving BREEAM certification. The park also offers an attractive location, situated directly at Exit 62 of the D5 highway, the main transportation route connecting Prague with neighboring Germany.

The total value of assets under management in the ARETE INDUSTRIAL fund exceeds €300 million. Geographically, the fund's leasable area is currently distributed as follows: 48% in the Czech Republic, 27% in Slovakia, and 25% in Poland.

The ARETE INDUSTRIAL fund is one of the first real estate funds to be classified as "light green" under the European SFDR regulation.