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.



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.

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