Accolade receives loan from Slovak bank

27
Aug
2025
News - Accolade receives loan from Slovak bank #Accolade Industrial Fund #Czech Republic #Košice #Slovakia #Tatra Banka

by Property Forum | Industrial

Accolade Industrial Fund has obtained a loan of €28 million from the Slovak Tatra Banka for the refinancing of Accolade Funds Park Košice Airport, i.e. for the long-term holding of the buildings and further development of the park, reports dnoviny.cz.


The important European industrial hub includes three fully leased halls with a total area of 58,000 sqm near the borders with Hungary, Poland and Ukraine, making it an important logistics and production centre for Central and Eastern Europe. The location offers a direct connection to key transport corridors, an international airport in proximity to the park, and quality railway infrastructure.

The largest tenant, Faurecia, rents more than 27,800 sqm, including the entire hall with an area of 21,000 sqm, which, in addition to production premises, also includes storage and office areas. The fund acquired the building for its portfolio in May 2025. This transaction was also financed by Tatra Banka.

Other tenants of the park are, for example, Siemens Healthineers, Dr. Max or GGT. The tenant mix is completed by seven other brands, including Hellmann Worldwide Logistics and DB Schenker.

"For us, the partnership with Tatra Banka represents a strategic step towards the long-term sustainable ownership and development of the industrial park in Košice. Thanks to the clearly set refinancing conditions, we have a financial partner for the entire area, which increases the stability of the fund's portfolio and supports our ability to focus on the further development of the location. We see the Košice market as promising - whether due to its location, infrastructure or quality workforce," said Milan Kratina, co-founder of Accolade Industrial Fund.

"We are happy that we helped the client in unifying the financing of this strategic area. We believe that we will continue our cooperation," confirmed Danka Morávková, Head of Real Estate Financing Department at Tatra banka.
 




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