Fashion e-shop will have a new warehouse in western Slovakia

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The new warehouse will offer 60,000 square meters on several levels.

Czech investment fund Arete Invest, focused on investing in real estate, is building a new warehouse for the international chain of fashion online stores Factcool in the industrial park of Nové Mesto nad Váhom.

“The Slovak market is a profitable investment destination for our fund and our investors,” said Lubor Svoboda, co-founder and chairman of the board of directors of Arete Invest, as quoted by the SITA news wire, adding that investors expect higher standard returns. .

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Construction of the € 11 million warehouse that will serve the Central and Eastern European region began in July. It should be put into service next April. Thanks to a sophisticated storage system, it will offer more than 60,000 square meters of storage on several levels over 16,500 square meters. A total of 100 people will find work there.

Factcool and Arete have signed a 10-year rental agreement.

Arete Invest is also negotiating with other tenants, who could take over the remaining free plots for construction.

In addition to the extension of the Arete park in Nové Mesto, the investment fund is negotiating the construction of two new premises worth 15 million euros and is also considering other acquisitions in the future.

6. Sep 2018 at 12:38 | Compiled by spectator staff


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