Czechs want to invest more than 26 million in Nove Mesto nad Váhom. It will create hundreds of new jobs
The Czech investment fund has only recently entered the Slovak market and is gradually expanding. In a year and a half, the industrial park near Zilina, neighboring Kia, was bought for 4.7 million euros and the purchase of industrial and logistics park Prologis in Nove Mesto nad Váhom was among the largest real estate business transactions in Slovakia in 2017 . https://www.forbes.sk/cesi-chcu-v-novom-meste-nad-vahom-investovat-vyse-26-milionov-pribudnu-stovky-pracovnych-miest/#
The Czech fund Arete Invest enters the Slovak real estate market with an acquisition for almost five million euros
Arete Invest, a fast-growing fund focused on investment in real estate, completed its first acquisition in the Slovak market in the first quarter of this year. The acquisition concerned the purchase of an industrial complex in close proximity to the KIA automotive plant in Žilina, which has been leased in its entirety to Grupo Antolin, a supplier of automotive components. The financial volume of the transaction was EUR 4.7 million. “The Slovak real estate market seems very interesting to us in terms of investment, with a number of opportunities presenting themselves. The aim of our first strategic transaction was to test the environment of this market and its specifics so that we can go on to make much larger transactions in the future,” says Robert Ides, co-founder and member of the Management Board of Arete Invest. The purchased complex with a leasable area of 5,000 m² has been leased in its entirety to Grupo Antolin for four years. Grupo Antolin is a major subcontractor for the KIA automotive plant, to which it supplies roof upholstery. The complex was sold by the Belgian development group ILD, from which Arete Invest has already purchased a second property. The first transaction took place in the Czech Republic and concerned an industrial complex in Uherské Hradiště at a value of EUR 7.5 million. The aim of Arete Invest is, as is the case with its other real estate in the portfolio, to actively manage the purchased industrial complex and improve it by, for example, extending lease agreements, deepening the relationships with the tenant and improving the unoccupied land through future development.
The halls of the supplier of Kia were bought by the Czech fund
A new player entered the Slovak real estate market. The rapidly growing Czech fund, Arete Invest, bought an industrial complex in close proximity to Kia in Žilina. The halls are completely rented to the Grupo Antolin automotive components supplier. https://reality.etrend.sk/realitny-biznis/haly-dodavatela-automobilky-kia-kupil-cesky-fond.html
The Czech Fund Arete Invest enters the Slovak real estate market by an acquisition of almost five million EUR
Arete Invest, a fast-growing real estate investment fund, completed its first acquisition in the Slovak market in the first quarter of this year. This is an acquisition of an industrial complex in close proximity to the KIA car factory in Žilina, which is fully leased to Grupo Antolin's automotive components supplier. The financial value of the transaction was 4.7 million EUR. https://www.investujeme.cz/tiskove-zpravy/cesky-fond-arete-invest-vstupuje-slovensky-realitni-trh-akvizici-za-temer-pet-milionu-eur/
Arete Invest buys Grupo Antolin area in Žilina
Arete Invest completed its first acquisition in Slovakia. The Czech property investment fund purchased the industrial area leased to the Grupo Antolin, which supplies the KIA automotive factory in Žilina. Arete paid the Belgian developer ILD €4.7m for the 5,000 m2 property, which has a four-year lease contract. http://cijusa.com/en/encompassme-usa/24460/story/arete-invest-buys-grupo-antolin-area-in-zilina
