Arete Invest is the first real estate fund to become an associate member of the Capital Market Association
Arete Invest, a fast-growing Czech fund focused on real estate investment, became the first real estate fund that is an associate member of the Czech Capital Market Association. After its several-year membership in the renowned global Alternative Investment Management Association (AIMA), it is now also a member of a local professional association. “We share common values with the Capital Market Association – we fight for the development and transparency of the capital market, and we place an emphasis on the protection of investors and trustworthiness. That is why we decided to become a member,” says Lubor Svoboda, co-founder and Chairman of the Management Board of Arete Invest. https://www.hypoindex.cz/tiskove-zpravy/arete-invest-se-stal-jako-prvni-nemovitostni-fond-pridruzenym-clenem-asociace-pro-kapitalovy-trh/ https://www.parlamentnilisty.cz/zpravy/tiskovezpravy/Arete-Invest-se-stal-jako-prvni-nemovitostni-fond-pridruzenym-clenem-Asociace-pro-kapitalovy-trh-543317
C&A stays in Arete Park in Slovakia
Arete Invest, a fast-growing Czech real estate investment fund, has signed a new six-year lease agreement with the C&A clothing chain at the end of the last year. He has been operating his Europe-wide distribution center for the ninth year in the Slovak Arete Park Nové Mesto nad Váhom, which has been historically chosen for its strategic position. http://kancelarie.etrend.sk/novinky/c-a-zostava-v-arete-parku-na-slovensku
Arete Invest has started restructuring its complex in Nové Mesto nad Váhom
The Arete Invest Real Estate Fund has started the long-planned restructuring of its industrial and logistics complex ARETE PARK NOVÉ MESTO in Slovakia. In the first stage, it will introduce 19,000 m2 of warehouse space to the market. In the second stage, it is planning the construction of new capacities with a floor area of up to 30,000 m2. “We want to find new tenants for one of the existing halls. Our financial models figure in an increase in the revenues from leasing and a risk diversification in the form of smaller lease units. We want to take advantage of the trend of a high year-on-year growth of the prices for leasing logistics premises, which is approximately 10 % year-on-year in Slovakia. We have already purchased a complex with this plan,” says Tomáš Novotný, Head of Asset Management at Arete Invest. According to him, the demand for warehouse and production space has been steadily growing in Slovakia. In addition to the growth in rent, this is manifested also in a very high occupancy rate of leasable space (only 2.3 % is available). Furthermore, demand exceeds supply by more than double in the microregion of Nové Mesto nad Váhom. “The part of restructuring is also a negotiation on prolongation of a lease agreement with current major tenant of the complex, C&A clothing chain. Given the boom in the Slovak market, which is currently more attractive than the Czech market to real estate investors, we expect an increase in the revenues from leasing. Therefore, this step should be good news for our investors. We will commence the construction of new capacities depending on the current demand,” concludes Tomáš Novotný.
Arete Invest acquires Prologis Park Nové Mesto nad Váhom
Arete Invest fund has acquired the Prologis Park Nové Mesto nad Váhom industrial and logistic facility. The distribution centre consists of two facilities with the total area of 39,600 m2 and 16 ha of lots for future development. The transaction’s value has not been disclosed. The facility is currently fully leased to C&A, Raben Logistics and Vetropack Nemšová. http://praguemonitor.com/2017/04/11/arete-invest-acquires-prologis-park-nov%C3%A9-mesto-nad-v%C3%A1hom
