Accolade acquires two plots in Szczecin for €60 million

19
Jul
2021
News - Accolade acquires two plots in Szczecin for €60 million #Accolade #industrial #investment #logistics #Poland #Szczecin

by Property Forum | Investment

Accolade expands its presence on the Polish market. The company has acquired two new industrial locations in Szczecin, with the intention of investing in the development of modern, Class A warehouses totalling 73,000 sqm GLA. The investment continues Accolade’s strategic expansion in the Szczecin region.


The investment to acquire land in Szczecin at Kniewska Street, strategically located 15 km away from the Szczecin centre, marks another step in the plan to build a modern and sustainable A-class warehouse with an area over 31,000 sqm. Two halls, in one phase, will be built and will allow flexibility for different types of businesses.  Nearly 11,000 sqm has been already leased to the first tenant, which provides logistic services for the e-commerce sector. The second investment concerns the land at Lubczyńska Street, where one industrial building with the target surface of 42,000 sqm is planned to be built. Accolade total investment in these two projects amounts to €60 million.

“We are proud to be able to develop operations in such a strategic region as Szczecin is. We observe the growing business of the tenants in our park located in Załom-Kasztanowe district and we want to be ready to provide them with expansions when they need it. Due to its close connection to Germany and Scandinavia and the location directly on the Polish and German road, rail and air infrastructure link, Szczecin plays an important role as the EU logistics hub. Combination of high-quality modern multi-purpose industrial halls and proximity to major European markets attracts global brands and contributes to the economic growth of the region,” comments Michał Białas, Country Head of Accolade Poland.

Accolade has invested nearly €190 million in the development of modern warehouse facilities in the Szczecin region. Szczecin Park, which is the largest park in Accolade´s portfolio, offering over 220,000 sqm and the new locations in Dąbie district will perfectly fit in the group´s strategy in north-western Poland. The convenient location and perfect infrastructure are the main benefits that make this place attractive for modern industrial companies. Szczecin, with its ca. 410,000 inhabitants, is a big R&D academic centre, providing 25 higher educational institutions for 45,000 students. The seaport of Szczecin-Świnoujście, two hours’ drive away from the city, is one of the largest in the Baltic Sea region and is offering great international freight services. The plots also have easy access to express road S3 Szczecin–Legnica heading to the largest cities in western, central and southern Poland.

“The volume of purchases made online is rising rapidly, and the merchant's success is not determined by an exclusive store on the main street in the capitals as by rather well-managed logistics. The number of such companies is increasing, and we are building a quality background for them as part of our expanding operations in Szczecin,” adds Milan Kratina, CEO of Accolade Group.

Through its investments, Accolade creates new employment opportunities in the region. The park in Szczecin alone offers roughly 4,000 qualified jobs and this number will grow thanks to the new locations. At the same time, new parks will meet the demand of companies that are increasingly looking for quality services and require sustainable buildings, which are above-standard premises. Both parks in Szczecin aspire to BREEAM “Excellent” certification, guaranteeing a sustainable and environmentally friendly approach. Accolade is a key investor in warehouse spaces for modern business in the Szczecin region and, at the same time, a responsible member of the community.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy