ERSTE Real Estate Rent Fund expands its portfolio with an industrial park in Trenčín

The ERSTE Real Estate Rent Fund has expanded its portfolio through the acquisition of the modern logistics facility Industrial Park Trenčín-Záblatie, thereby strengthening its presence in the industrial and logistics real estate segment. The fund acquired a 100% ownership stake from the ARETE INDUSTRIAL SICAV a.s. fund, managed by ARETE investičná spoločnosť. The transaction represents another step towards building a diversified and long-term sustainable portfolio with a focus on high-quality and stable assets.

The industrial park was completed in 2023 and is located in the strategic area of Trenčín-Záblatie, with direct access to the D1 motorway. The property, which is currently fully leased, offers 5,603 sqm of leasable space with potential for future expansion and meets high environmental standards.

This acquisition follows the fund’s recent portfolio expansions with additional logistics assets and confirms ERSTE Real Estate Rent Fund’s ambition to systematically build a resilient portfolio. The portfolio currently consists of six properties, including office and retail spaces with tenants operating across various sectors of the economy.

ERSTE Real Estate Rent Fund

The ERSTE Real Estate Rent Fund was established in 2019 and focuses on investments in commercial real estate in attractive locations. It offers an accessible solution for investors who wish to participate in real estate market returns without the need for direct property ownership. The fund follows a long-term investment strategy and also takes environmental and social aspects into account. It is managed by Erste Asset Management GmbH, Slovakia branch, which is part of the Erste Group financial group and ranks among the largest asset managers in the Slovak market. The company manages assets exceeding EUR 3.8 billion and provides a wide range of products and services in the field of collective investment.

ARETE INVEST

ARETE is an investment company focused on the industrial and logistics real estate sector in the Central and Eastern European region. Since 2014, it has been providing clients with solutions focused on alternative income and capital growth. Its investment strategy emphasizes modern industrial parks, high building standards, long-term sustainability, and stable returns for investors.

The transaction highlights the growing importance of logistics and industrial real estate within investment portfolios, particularly in the context of a changing economy and increasing demand for high-quality warehousing and production space.

Role of KPMG

KPMG in Slovakia provided financial advisory services, support in the preparation of SPA documentation, and tax due diligence to the management company in connection with the acquisition of a 100% stake in the logistics property Industrial Park Trenčín-Záblatie.

A selection of other transactions that KPMG helped close

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