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The third fund of the Arete group bought a modern, highly specialized production facility

The third fund of the Arete Group bought a modern, highly specialized production area with a development center and the potential for further development in Kežmarok, Slovakia. The investment exceeded 10 million euros.

Volkswagen Slovakia: last year was challenging and successful

Volkswagen Slovakia rates last year as extremely challenging, but also very successful. According to the factory, the key was to acquire the production of the next generations of the VW Passat and Škoda Superb models, which brings with it an investment of up to EUR 500 million and the creation of 2,000 new jobs. At the end of the year, production of the new Škoda Karoq model started at the plant, thanks to which jobs were secured for approximately 500 employees.

The industrial park in R. Sobota will be an impetus for southern Slovakia

According to the Minister of Economy Richard Sulík, the industrial park, which is to be created in Rimavská Sobota and create hundreds of new jobs, will be a significant impetus not only for this region, but also for the whole of southern Slovakia. "Our philosophy is clear - to gradually reduce regional differences and focus primarily on the least developed. If we want to attract investors to the south, we must have a park ready, which we can offer them immediately," said the head of the economy. The park of approximately 65 hectares should bring at least 500 new jobs. EUR 11.85 million will be set aside for its construction.

Nitra Jaguar Land Rover does not plan to interrupt production

Nitra Jaguar Land Rover has no plans to stop production yet. The company, on the other hand, announces further testing of its employees. According to Miroslava Remenárová, the company's manager for corporate relations, they monitor the situation and are in contact with city officials, as well as with the regional public health office.

Spaceflow announces SALTO KS mobile access integration

Seamless building-access and movement is one of the key cornerstones in creating the best possible tenant experience. The integration of SALTO KS as a provider of digital access control and Spaceflow as a tenant experience platform enables just that. Building occupiers can now use the tenant experience app on their mobile phones to unlock doors throughout the building they live or work in. Spaceflow users can now enjoy a smarter way to open doors from wherever they are.

There is a growing interest in storage space for the pandemic

The coronavirus pandemic has affected the world of logistics. While coronavirus crisis has weaken some companies, it strengthened the others. These include companies from the fields of e-commerce, pharmaceuticals, food and transportation. For this reason, already in the spring, several of them realized that they did not have sufficient storage space. What's more, several developers have started to offer their warehouses for a shorter period. The gradual increase in interest in warehouses in recent years can also be seen in the book of logistics lists and contacts SLBOOK. Which companies are currently the strongest providers of warehouse space? And what did it look like for a few years?

The Arete Group sells the portfolio of its second fund to Cromwell European REIT

Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.

Logistics service users will need the right buildings

Prologis Research has released the second part of a research report called Automation and Logistics Real Estate # 2: How Automation Can Help Manage Current Supply Chain Challenges. The report describes how the growth of e-commerce over the last decade has highlighted the importance of logistics real estate for a modern supply chain. Logistics service users will need the right buildings with the right equipment and located in the right locations to meet the needs of the supply chain and, importantly, end customers who expect ever higher levels of service.

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