Oxymetal to lease a new industrial hall in Arete Park Pilsen
The completed hall has an area of less than five thousand square metres. In addition to the latest technical specifications, it also boasts modern sustainable technologies, including, for example, automatic irrigation of the green roof with accumulated rainwater or a charger for electric vehicles.
The industrial park project in Pilsen represents a total revitalization of a brownfield. The former meat processing plant has been completely modernized and transformed into a complex providing not only warehousing but also production and sales areas with a total area of 17,837 square meters.
"The completion of the facility will increase the total lettable area of Arete Industrial by 4% to a total of 140,487 sqm. At the same time, this move increases the production space to 14% of the total portfolio size. The total exposure of the fund's portfolio in the Czech Republic has increased to 49%. As of December 2023, the new facility has also increased the WAULT of the portfolio (average time to expiry of lease agreements), which is now over seven years,"
says Robert Ides, co-founder of Arete.
The services of the aforementioned Oxymetal company include cutting, bending, welding, and surface treatment of metals. The company is headquartered in France and has more than forty-five facilities in France and other European countries.
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Source: Systémy logistiky