The third fund of the ARETE Group focused on quality industrial and logistics assets in the region of Central and Eastern Europe has completed just before the end of 2021 the acquisition of the Nanogate Slovakia production plant belonging to the American Techniplas Group. The Techniplas Group is the world’s leading manufacturer of technologically precise and technically complex plastic components. The modern production plant with almost 15,000 sqm of production, storage and office space is the second completed transaction of the third ARETE fund in Slovakia this year, with the value of the transaction exceeding EUR 11 million.
“With the Nanogate Slovakia production plant in Vráble, West Slovakia, 20 kilometres from Nitra, our third fund is primarily gaining a long-term and stable tenant who is one of the leaders in its field. Nanogate provides a complete plastic injection solution. Its customers are companies from the electronics, automotive and aerospace industries, as well as companies from the field of medical and packaging technology. Since this year, Nanogate’s European production plants have belonged to the American Techniplas group. In addition to an excellent international rating, the production plant in Vráble gained access to the parent company’s top know-how and new global markets. The tenant’s intentions in the locality are long-term, as evidenced by the prepared investments in technologies in the order of millions of EUR. The acquisition of the production plant took place in a sale-and-leaseback structure, and we would like to appreciate the very constructive and open negotiations on the part of Nanogate’s representatives,” said Lubor Svoboda, co-founder of the ARETE Group.
Igor Mlynarčík, CEO and Managing Director of Nanogate Slovakia, adds: “The ARETE Group has been able to offer us a package of services that will enable us to focus on our core business and provide customers with better services and products in the future. At the same time, we are gaining a strong and professional partner in the field of real estate, which will ensure greater user comfort and a professional approach to solving open points. The process of the whole transaction and the time course represented a great challenge, which was realized thanks to the very pragmatic approach of the teams of both companies, the high level of professionalism and the proactive approach. We are already looking forward to cooperating on future projects.”
“We are pleased to welcome Nanogate Slovakia to our portfolio of premium tenants. From the point of view of the entire portfolio of our third fund, we acquire a quality tenant who, with its business focus and business profile, perfectly contributes to the fulfilment of our diversified real estate portfolio strategy. We have a very strong perception that, in addition to tenants from the logistics and e-commerce segments, it is necessary to stabilize the portfolio through long-term leases, especially with manufacturing companies. In line with our business strategy, industrial real estate in Slovakia will represent a significant part of our portfolio in the long run. We are therefore very pleased that we have managed to complete the transaction this year. From the point of view of the long-term sustainability of the entire project, we plan the gradual introduction of renewable energy sources and BREEAM certification will also be a matter of course. We already consider these activities to be the standard for building industrial portfolios today,” concludes Robert Ides, the second co-founder of the ARETE Group.
