A new unit in Arete Park Rokycany 1 has been completed and handed over to the tenant, Safran Cabin CZ, a manufacturer of cabin interiors. The unit is part of the park's second building, which is expected to have a total leasable area of more than 15,000 sqm.
Safran Cabin has been operating in the Czech Republic since 2001 when it began manufacturing kitchen modules, wardrobe closets, lavatory units, and crew rest compartments for Airbus A320 aircraft in Plzeň at Borská Pole. It is a member of the Safran Group, an international high-technology group in aviation, defence and space markets, employing more than 92,000 people across 27 countries.
The company has signed a long-term lease of 8,357 sqm and will share the building with another tenant.
The total area of the park will exceed 22,000 sqm and the technical specifications of both halls meet the high environmental standards, including achieving BREEAM certification. Arete Park Rokycany 1 is situated directly at Exit 62 of the D5 highway, the main transportation route connecting Prague with Germany.
The total value of assets under management of the Arete Industrial fund has increased to more than €300 million. Geographically, the fund's leasable area is currently distributed as follows: 48% in the Czech Republic, 27% in Slovakia, and 25% in Poland.
