Arete Invest has entered into a contract with Fiege
In March Arete Invest signed a new five-year lease agreement with the Fiege logistics company. It has been expanding its storage capacities in April of Lovosice Park in the new area of 7500 m2 to a total of 9,600 m2. Lease consultants were Cushman & Wakefield and 108 Agency. Arete Invest is also planning to expand the area with 11,000 m2 of warehouse and production area. http://www.systemylogistiky.sk/2018/03/16/arete-invest-uzavrel-zmluvu-s-firmou-fiege/
Fiege expands lease at Arete Park Lovosice
Arete Invest has expanded a lease with Fiege at Arete Park Lovosice by 7,500 sqm to a total of 9,600 sqm where it's been growing since last April. Cushman & Wakefield and 108 Agency were the brokers involved in the agreement at the park, which Arete Invest will be adding 11,000 sqm of leasable area to. http://cijeurope.com/cz/encompassme-europe/30129/story/arete-invest-uzavrel-novou-najemni-smlouvu-se-spolecnosti-fiege
Arete Invest leased 7500 m2 to Fiege in Lovosice
Arete Invest has signed a new five-year lease agreement with the Fiege logistics company. From April 2018, it will expand its storage capacity in the Arete Park Lovosice by 7 500m2 to 9 600m2. Lease consultants were Cushman & Wakefield and 108 Agency. Fiege will serve Automax, which relocates its stock of flammable materials and chemicals from Brno, to the newly leased area. In addition, Arete Invest is planning to expand the Lovosice park by another 11 ths. m2. The actual area of 18,500 m2 is occupied by 92%. http://www.cianews.cz/cs/3383783-arete-invest-pronajal-firme-fiege-7500-m2-v-lovosicich
Arete Invest has concluded a new lease contract with Fiege, and the area has grown almost fourfold
Arete Invest, a fast-growing Czech fund focused on real estate investment, concluded a new five-year lease contract with the logistics company Fiege in March. From April, it will already expand its storage capacities in Arete Park Lovosice by 7500 m 2 to a total of 9600 m2. Cushman & Wakefield and 108 Agency were consultants during the lease. In addition, Arete Invest is planning to extend the Lovosice complex by another 11,000 m2 storage and production areas. “We greatly appreciate the step taken by Fiege, which only confirms the strategic location and uniqueness of our logistics park in Lovosice and, at the same time, consolidates our belief in building strategic partnerships with our clients” says Tomáš Novotný, a member of the Investment Committee of the Arete Invest CEE II Sub-Fund responsible for asset management. “By signing the new lease contract, we have succeeded in stabilizing our logistics park in Lovosice for another five years. At the same time, we are working on the preparation of the area for the development of another 11,000 m2 of storage and production spaces.” In the new leased area, Fiege will be attending to Automax, which is relocating its stock of flammable materials and chemicals from its branch in Brno. The extension took place within the existing logistics real estate that has been leased to NCH thus far. The German company Fiege is one of the largest European logistics companies. It employs over 12,000 people in fifteen countries around the world. Arete Park Lovosice is located in a strategic location right at the exit from the D8 motorway near the German border. The high demand for leasing logistics spaces in this area is leading to preparations for the extension of the entire complex. The current leasable area of 18,500 m2 is 92 % occupied. The goal of Arete Invest is to actively manage all the real estate in the portfolio and to appreciate the real estate by, for example, extending the number of lessees, extending lease contracts, deepening relationships with lessees, or using land that has not been occupied thus far for future construction. Arete Park Lovosice is part of the portfolio of the recently opened sub-fund Arete Invest CEE II. The expected value of the assets managed by this sub-fund over the anticipated five-year investment cycle is 200 million euros. The sub-fund aims at the continuous appreciation of the invested investors´ assets in the amount of up 11 % annually, whereby up to 6 % annually is made up of monetary distributions paid out on a quarterly basis. The current yield significantly exceeds these advised values.
The Czech Fund Arete Invest bought an industrial complex in Vyškov
… „This transaction took us over two and a half years, but any effort will undoubtedly pay off. Clearing historical disputes and an upcoming construction should significantly increase the value of the whole area that is newly in our portfolio. We assume that after the transaction has been completed the value of the building has increased by 20%,” said Lubor Svoboda, co-founder and Chairman of the Board of Directors of Arete Invest. https://www.buildingnews.cz/investicni-trh/cesky-fond-arete-invest-koupil-prumyslovy-areal-ve-vyskove.html
Logistics, car factories, e-shops. The industrial developers are doing well
The largest agreement vzhg was the C & A clothing chain contract for 19-thousand square meters in the hall of the Arete Park distribution center in Nove Mesto nad Váhom. https://reality.etrend.sk/realitny-biznis/logistika-automobilky-e-shopy-priemyselnym-developerom-sa-dari.html
C&A extends the contract in Arete Park in Slovakia
C&A prolonged the lease agreement in the Arete Park in Nové Mesto nad Váhom. The company Arete Invest has bought a park from Prologis in 2017 where C&A signed a contract for another five years. The purchase was one of the largest in the Slovak market. The entire park is already leased to C&A, Vetropark Nemšová and Raben Logisitics. “The strategic position of Arete Park Nové Mesto nad Váhom was confirmed by closing the transaction and extending the lease. http://cijeurope.com/cz/encompassme-europe/28938/story/c-amp-a-prodluzuje-smlouvu-v-arete-parku-na-slovensku
The Czech Fund Arete Invest has extended to include an industrial estate for EUR 10 million in its portfolio
Arete Invest, a Czech fast growing fund focused on investments in the field of real estate, completed its first acquisition of this year. It is a purchase of an industrial estate right by the D1 highway in Vyškov, which is fully leased to Rompa, a supplier of plastic components. The financial volume of the transaction was about EUR 10 million. “Completion of this transaction took us more than two and a half years but all the effort will surely be rewarding to us as well as to our investors. Clearing old disputes and further planned development should considerably increase the value of the entire estate which newly belongs to our portfolio. We presume that the appreciation has already reached 20 %, now that the transaction has been completed says Lubor Svoboda, Co-founder and Chairman of the Administrative Board of the Arete Invest fund. The A-class industrial estate covers 10,400 m2 of the leasable area with the option to enlarge it by an additional 3,700 m2; the commencement of further construction in a part of the premises is planned for. The premises are 100 % leased to the multinational company Rompa, which focuses on the processing of plastics for the automotive and other industries and plastics for household products or packaging material. The company´s clients include brand names such as Siemens, Braun, Philips and Bosch. “The real estate is very well situated right next to the highway; it is a part of the local industrial park, and there is a sufficient quality labour force in the region, which, in itself, increases the value of the transaction,“ says Tomáš Novotný, Member of Investment Committee of the Sub-fund Arete Invest CEE II in charge of asset management. The acquisition of the industrial estate was commenced in June 2015. In the first stage, it involved an overall restructuring of legal and economic relations between the owner, the developer providing the construction and third parties. Only after all the legal and trade disputes had been settled was real estate itself purchased into the fund portfolio. Several law and consultancy firms and banks (e.g. Kocián Šolc Balaštík, Kinstellar, Contractis, Knight Frank, Raiffeisenbank and Havel & Partners) were involved due to the complexity of the whole process. Like in case of other real estate in the portfolio, the objective of the Arete Invest fund is to actively manage the purchased industrial estate and appreciate it further, for example by means of extending lease agreements, deepening relationships with the lessee or using lots that are still vacant for future construction. The new real estate in Vyškov has become a part of the the sub-fund of Arete Invest CEE II, which is currently open. The anticipated value of the administered assets of this sub-fund in the course of an expected five-year investment cycle is EUR 200 million. The sub-fund aims at the continuous appreciation of the invested investors´ funds in an amount up to 11 % per year; of which up to 6 % per year is monetary distribution paid out on a quarterly basis. The current return significantly exceeds these notified values. According to the results published most recently, the cumulated gross return of the sub-fund Arete Invest CEE II reached 40.5 % at the end of the third quarter of 2017. As of the same date (i.e. before further appreciation and now before the announced acquisition), the value of the managed real estate in the possession of the fund increased to EUR 54.8 million.
Czech Fund Arete Invest Enlarged Its Portfolio By An Industrial Park For 10 Mil Eur
In January Arete Invest completed its first acquisition this year. It is the purchase of an industrial area directly by the D1 motorway in Vyškov, which is completely leased to the supplier of plastic components, Rompa. The financial volume of the transaction was approximately EUR 10 million. https://www.investujeme.cz/tiskove-zpravy/cesky-fond-arete-invest-rozsiril-sve-portfolio-prumyslovy-areal-za-10-milionu-eur/ http://cijeurope.com/cz/encompassme-europe/29520/story/arete-invest-koupil-prumyslovy-areal-ve-vyskove
Arete Invest bought the halls in Vyškov. Because of the transaction, the company had to resolve the litigation of the previous owner first
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… https://archiv.ihned.cz/c1-66041660-arete-invest-koupil-haly-ve-vyskove-vyresil-pritom-majetkove-spory-o-areal
