ARETE reported year-on-year growth in its industrial fund, supported by portfolio expansion and continued full occupancy across its assets.
Total gross leasable area increased to more than 325,500 sq m, representing a rise of 23.3 percent compared with the previous year. The portfolio grew by nearly 60,000 sq m, while the fund’s land holdings expanded by more than 100,000 sq m to approximately 861,881 sq m, providing capacity for future development.
The growth was driven by a combination of acquisitions, selected disposals and ongoing asset management activity. The fund maintained full occupancy throughout the period.
A notable change in the portfolio structure is the increased allocation to Poland, which now accounts for 47 percent of the fund, up from 24 percent a year earlier. The Czech Republic remains a core market, while Slovakia represents a smaller share of the portfolio.
“The past year confirms that we are able to develop the fund while maintaining the quality of the portfolio,” said Miroslav Barnáš of ARETE Real Estate.
The adjustment in regional allocation reflects a focus on markets offering opportunities for further growth and development.