KSB Advises ARETE Group on Developing New CEE Logistics Park
March, 2022 - Prague 1, Czech Republic
KSB Advises ARETE on Developing New Logistics Park
Arete Group’s third fund, which focuses on industrial and logistics assets in the CEE region, is starting construction on a new logistics park in Valašské Meziříčí.
The park will have 21,000 square meters of space, and the total investment will exceed EUR 15 million. Upon completion, the entire park will be BREEAM certified and will meet the latest environmental requirements and standards in terms of long-term sustainability.
The first two development stages already have a future tenant, which is DB Schenker, a leading logistics company which is planning to operate a distribution centre for a major coffee producer in one of the halls.
KSB's team (Jiří Horník, Dana Jacková, Jakub Porod and Zuzana Slabá) provided Arete with legal due diligence of the real estate on which the park is to be developed and was in charge of drafting and negotiating the transaction documentation.
More information about the project can be found here - https://www.property-forum.eu/news/arete-fund-launches-new-logistics-project/11539
