Accolade to invest €8.6 million in new Prague industrial park

10
Sep
2018
News - Accolade to invest €8.6 million in new Prague industrial park  #Accolade #Czech Republic #development #industrial #manufacturing #Prague

by Property Forum | Industrial

Accolade Group will invest €8.6 million in the construction of a new industrial park near Zdice, right at exit 28 from the D5 motorway from Prague to Plzeň. The project will offer 12,100 sqm of leasable space and might start operating by 2020 or earlier.

“The industrial park we are developing at Zdice is primarily intended for non-disturbing light manufacturing activities, and it may as well accommodate facilities for a logistics firm or an e-shop. It is expected to become available to a future tenant by 2020. Located right at the D5 motorway exit, it provides superb transport connectivity, avoiding any built-up area,” explains Milan Kratina, CEO and co-owner of Accolade.
 
Hypothetically, as many as two hundred operating jobs and about thirty administrative jobs might be created: these are the maximum numbers, based on the municipality’s requirements in the local development plan. However, Accolade as the park’s investor believes that the actual numbers will be much lower because the tenants are expected to invest heavily in automation and robotisation.
 
The total size of the future park is 67,699 sqm metres. More than half of it will be covered by greenery; the building itself will occupy less than 18 per cent of the area. Although the soil at the site is of mediocre if not substandard quality, the recovered topsoil will be spread by local farmers over their fields to control erosion or to make their land more productive.
 
The building itself will feature enhanced thermal insulation and modern economical LED lighting. Consumption of energy and other inputs, especially water, will be kept as low as possible. A retention pond will be built in the park to keep rainwater on site and allow it to seep into the ground.
 
All this will be reflected in the construction process and in the agreement with the future tenant, the purpose is to ensure that the construction and operation of the building is people- and environmentally friendly enough to meet the requirements for the BREEAM certification at a level of ‘Very Good’ or higher, like other buildings of the Accolade Group.
 
The building currently being prepared for construction is the first part of the project in the area designated for the Zdice Industrial Zone in the municipality’s local development plan. Prospects for the future include the construction of another building, a new road and a cycle path, and gas and sewer service lines for the village of Knížkovice.



Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


Latest news

News - What happened in CEE real estate this week?
28
Feb
2026

What happened in CEE real estate this week?

by Property Forum
This week’s news was dominated by annual financial results and industrial investment activity, alongside signals of tightening conditions in key office markets. Here are the most relevant stories shaping the regional market.
Read more >
News - Impact Group posts 34% profit gain in 2025
27
Feb
2026

Impact Group posts 34% profit gain in 2025

by Property Forum
Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.
Read more >
News - Prague office market faces supply crunch in 2026
27
Feb
2026

Prague office market faces supply crunch in 2026

by Property Forum
Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.
Read more >


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