Arete Invest, a fast-growing Czech fund focused that is also active in Slovakia, has become the most high-performance fund for qualified investors. The owner of Arete Park in Nové Mesto nad Váhom succeeded in the evaluation of Czech real estate funds, which was jointly prepared by Hospodářské noviny and the Institute of Strategic Investments at the Faculty of Finance and Accounting at the University of Economics in Prague.
The performance of Arete Invest CEE II, which was determined as a change in the net asset value per share or unit certificate, reached 44.15 % last year. For comparison, the second highest-ranking fund for qualified investors (i.e. those who have at least one million Czech crowns, or about 39,000 euros) reached 15.83 percent. “This result is proof of a well-chosen strategy and the right selection of investment opportunities,” says Lubor Svoboda, co-founder of Arete Invest.
This year, Arete Invest began the construction of a new hall in its industrial and logistics complex in Nové Mesto nad Váhom, which is part of the award-winning sub-fund Arete Invest CEE II. The investments in the new central warehouse for the Central and Eastern Europe Region for the Factcool group, an international network of online fashion stores, will reach 11 million euros. In it, jobs will be create for more than 100 people. The new warehouse will be commissioned in April 2019, and it will offer a storage area of more than 60,000 m2 on an area of 16,500 m2 thanks to a multi-level storage system. At the same time, preparations for the further expansion of the Nové Mesto complex by approximately 31,000 m2 are under way.
“In addition to the excellent returns, our focus on industrial real estate and logistics parks is also less prone to any fluctuations in the economic cycle and thus gives our investors excellent prospects in the years to come,” says Lubor Svoboda, while explaining that the right set-up of the fund is also confirmed by the victory of Arete Invest in the Best Performing Fund Manager category, which was won by the fund during the announcement of the CIJ Awards 2018. “In Slovakia, we still see great potential for development. Demand for storage and production space is steadily increasing. This is reflected not only in the rising rents, but also in the very low non-occupancy of leasable spaces of just 4 percent. In the micro-region of Nové Mesto nad Váhom, it is actually only around one percent,” says Lubor Svoboda in conclusion.
About Arete Invest:
Arete Invest is a fast-growing investment fund focused on investment in real estate and a holder of the prestigious Czech Top 100 Award for innovation and transparency in the Czech investment market. It is a fully licensed Czech fund of qualified investors in the legal form of SICAV and operating under the supervision of the Czech National Bank. Arete Invest is a proactive manager of both funds and assets. The primary objective of the fund is to increase revenue and improve capital in the case of assets under its own management while ensuring diversification against both existing and potential risks. As a result, it offers its investors an appreciation of investments that is above the average by a significant margin. It adheres to five basic principles – its expertise, active management, the tangibility of investments, simplicity and a transparent approach towards its clients. Arete Invest focuses primarily on medium and large investments in conventional revenue-bearing real estate in the Czech Republic and the regions of Central and Eastern Europe. For more information, please visit: www.arete-invest.eu.
