KSB Advises ARETE on Acquisition of Site in Plzeň - Borská pole Industrial Zone

The site, which is an unused industrial area, will be partly demolished and redeveloped and partly preserved and leased to third parties. As soon as all stages of the development are completed, ARETE Park Plzeň - Borská pole will provide a total of 18,202 m2 of premium space for light manufacturing, assembly and logistics. The investment in Plzeň will reach almost EUR 20 million.

The completion of this transaction is ARETE's third of a total of five which are expected to be completed this year, with KSB also assisting with the previous two.