Our history
An independent and entrepreneurial asset manager providing investment expertise to clients for over 10 years
timeline
2014
Lubor Svoboda and Robert Ides founded Arete Group in 2014. With their deep expertise, and as a pioneer in the region, the company launches its first investment product, ARETE INVEST Sub-fund CEE.
2015
The first year of investing. ARETE builds a single strategy alternatives portfolio and acquires its first residential project for the ARETE INVEST Sub-fund CEE with a size of about 300 flats & 18,000 sqm rentable area.
2016
ARETE expands its alternative investment offering by launching its second investment strategy, the ARETE INVEST Sub-fund CEE II, focused on the industrial real estate asset class. ARETE Group is one of the first investment companies in the Czech Republic to operate under a SICAV fund structure and the first to secure bank financing from Raiffeisen Bank in the country under the structure. Consequently, the Group was the first under the SICAV fund structure to obtain bank financing from UniCredit Bank Group. The company receives the Alternative Investment Management Association membership in London, www.aima.org
2017
Leveraging our expertise in the private real estate market, we are embarking on regional expansion by investing in the acquisition of industrial facilities in Slovakia. The ARETE INVEST CEE fund was successfully closed and redeemed as the first fund under the SICAV structure. Following the conclusion of the investment cycle, the fund was removed from the Czech National Bank’s database, and its residential portfolio was sold, resulting in an impressive capital appreciation of 39% per annum for investors.
2018
ARETE keeps acquiring its logistic properties across the Czech Republic and Slovakia completing a sizable development project of a new logistic hall for Factcool Group. ARETE has developed a strong track record and expertise in the logistics andindustrial property type, acquiring an associate membership in the Czech Capital Market Association, AKAT.
2019
The portfolio development of ARETE INVEST Sub-fund CEE II is coming to its final stage while the Fund becomes the best-performing real estate fund in the Czech market.
2020
We are launching our ARETE INDUSTRIAL SICAV a.s. fund, our third investment product, which will invest in a portfolio of high-quality industrial parks across the main hubs in the CEE region, with an expected fund size of approximately €400 M.
2021
The company successfully sold all its holdings in ARETE INVEST Sub-fund CEE II in a single sale to Cromwell European Real Estate for €116 million. This was notably one of the most significant and successful transactions during the period and in the CEE region. The real estate-focused fund achieved an average gross return of 11% per annum. Clients who invested in the first share issue received a gross return on their capital exceeding 20% per annum.
2022
The strong acquisition pipeline of ARETE INDUSTRIAL FUND makes its presence and the company keeps adding more industrial properties to its portfolio. The construction and development projects are gaining momentum.
2023
We formalize our support for sustainability-related principles and commit to categorizing all our funds as “light green” products following Article 8 of SFDR. Our commitment to responsible investing and sustainability is demonstrated through our pursuit of BREEAM certification for our portfolio of logistics and industrial assets.
2024
We are celebrating our 10th year of providing alternative investment solutions to our clients. ARETE is entering the Polish real estate market with the acquisition of Zgorzelec Industrial Park and is launching a complementary energy infrastructure strategy focused on transition assets, renewable power, and flexible generation.
