Reico acquires Czech logistics park from Arete

16
Jun
2025
News - Reico acquires Czech logistics park from Arete #acquisition #Arete Industrial Fund #ASB #Czech Republic #divestment #industrial #iO Partners #Reico Long Lease fund #Savills #Thomas Duvenbeck Immobilien #Wilsons

by Property Forum | Industrial

Arete has completed the sale of its logistics complex, Arete Park Rokycany II, to the Reico Long Lease fund managed by Reico investiční společnost Erste Asset Management.


The logistics park in Rokycany, located near the D5 motorway, offers nearly 30,000 sqm of warehouse and office space. The vacancy rate here is only 2.4%. In June 2025, the park obtained BREEAM New Construction certification at the Very Good level. An important element for the buyer was the long-term single tenant, the German logistics company Thomas Duvenbeck Immobilien, part of the British investment group Waterland.

This divestment is part of the Arete Industrial fund’s strategy to maximise returns from assets under management. The proceeds from the transaction will be immediately reinvested into new acquisitions and further portfolio development.

By acquiring this logistics park property, the Reico Long Lease fund increased the share of the real estate component in the fund's assets to 81%. The total market value of the fund's portfolio is now approximately CZK 6.1 billion (€246 million). As of the end of May 2025, almost 56 thousand shareholders had invested in the fund. The fund's targeted annual return is between 4 and 6%. The buyer was represented in the transaction by Wilsons, ASB, Savills and iO Partners.




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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

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  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
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