Accolade Industrial Fund is expanding its presence in eastern Slovakia with the acquisition of a building leased by Faurecia, a supplier to the automotive industry.
The leasable area of the acquired building is 21,639 sqm, and, in addition to production facilities, it also includes a warehouse and office area. The building becomes part of the Accolade Funds Park Košice Airport. With this acquisition, the park consists of three buildings with a total area exceeding 58,000 sqm.
Faurecia also leases part of the premises within the current Accolade Funds Park Košice Airport. Other tenants include Siemens Healthineers, a medical technology company focused on the production and assembly of ultrasound devices, GreenPharm, a manufacturer of nutritional supplements, the Dr. Max pharmacy chain and XXXLutz. The logistics infrastructure is complemented by Hellmann Worldwide Logistics and DB Schenker.
Accolade Funds Park Košice Airport is located near the borders with Hungary, Poland and Ukraine. The management of the new building and the entire park will be provided by the Accolade team. The transaction was brokered by Cushman & Wakefield, and financing was provided by Tatra banka.
