Arete Invest signed a contract with Fiege

Arete Invest signed a new five-year lease agreement with the Fiege logistics company in March. It has been expanding its storage capacities in April of Lovosice Park by new 7500 m2 to the total of 9600 m2. Cushman & Wakefield and 108 Agency were the lease consultant in this case. Arete Invest is also planning to expand the area by 11,000 m2 of warehouse and production area. https://www.kancelarie.sk/novinky/arete-invest-uzatvoril-zmluvu-s-fiege
Arete Invest fund extended a lease contract with the tenant in Vyškov

Arete Invest signed a new ten-year lease agreement with a supplier of plastic components, Rompa in March. It has an entirely leased industrial complex from Arete Invest right on the D1 motorway in Vyškov. At the same time, work began to expand the building by another 500 m², which would further increase the capacity of the company, especially with regard to the development center and offices. “The inclusion of this property into our portfolio took us over two and a half years, but all efforts have already produced first results. We managed to clean up the historical disputes linked to the site, which undoubtedly significantly increased its value. http://cijusa.com/cz/encompassme-usa/30438/story/fond-arete-invest-prodlouzil-smlouvu-s-najemcem-ve-vyskove http://www.finparada.cz/zprava_banka.aspx?ID=15477
The Arete Invest Fund to expand the production compound in Vyškov, extending the contract with the lessee by 10 years

Arete Invest, a fast-growing Czech fund focused on investment in real estate, concluded a new ten-year lease contract in March with plastic components supplier Rompa. This company has fully leased the industrial compound right next to the D1 highway in Vyškov from Arete Invest. Furthermore, work has been launched to expand the building by another 500 m2, which will allow the company to increase capacity, mainly with a development centre and offices. “It took us two and a half years to include this property into our portfolio, but all the effort is reaping the first results. We have managed to resolve the historical disputes associated with the compound, which undoubtedly increased its value. And now we have extended the contract with the tenant by a full ten years and launched work on further expansion of the building,” said Lubor Svoboda, Co-founder and Chairman of the Administrative Board of the Arete Invest Fund. “We are delighted that almost immediately after taking over management of the industrial compound, we can support the further development of our tenant while increasing the overall value of the property,” added Tomáš Novotný, Member of the Investment Committee of the Arete Invest CEE II Sub-fund responsible for asset management. Expansion of the compound includes the addition of two office areas for a development centre, social amenities and overall revitalisation of the building. The compound will thus provide Rompa with facilities to increase production capacity, which will cover among other things the delivery of compacts for BRITAX car seats or components for Philips hygienic products. Arete Invest included the class A industrial compound in Vyškov, right next to the D1 highway, into its portfolio this January; the financial volume of the transaction was about EUR 10 mn. The property currently has a leasable area of 10,400 m2 with the option of expanding by another 3,700 m2, part of which is already under construction. The compound is 100% leased by the multinational corporation Rompa, which operates on plastics processing for the automotive and other industries, as well as household products and packaging materials. Its clients include Siemens, Braun, Philips and Bosch. The Arete Invest Fund aims to actively manage all the properties in its portfolio and appreciate them through the expansion of tenants, extension of lease contracts, intensification of relations with tenants or the use of as yet vacant land for future construction. The compound is Vyškov is part of the portfolio of the current open-end sub-fund Arete Invest CEE II. The expected value of managed assets in this sub-fund in the course of the forecasted five-year investment cycle is EUR 200 mn. The sub-fund aims for the continuous appreciation of investors’ resources at up to 11% per annum, whereas up to 6% of this makes up the cash distributions paid on a quarterly basis. The current return far exceeds these forecasted values.
Arete Invest plans to expand the industrial park in Lovosice

In March, the Czech investment fund Arete Invest concluded a new five-year lease agreement with the Fiege logistics company to lease storage capacity in the Lovosice Park. It has expanded its warehouse by 7,500 square meters to a total of 9,600 square meters since April. Lease consultants were Cushman & Wakefield and 108 Agency. https://www.buildingnews.cz/investicni-trh/arete-invest-chysta-rozsireni-lovosickeho-prumysloveho-parku.html
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