Developer Panattoni in collaboration with investor Accolade has completed demolition work at the former Kovošrot site in Prague's Dolní Měcholupech and begun construction of the first phase of Panattoni Business Park Prague I. 

Logistics company Kuehne+Nagel has taken over a completed industrial hall at Business Park Prague Airport II near the Central Bohemian village of Pavlov. The project was developed by Panattoni, with investment group Accolade as the investor.

Accolade Group is entering its second joint project with Garbe Industrial Real Estate in the Czech Republic by investing in the development of Garbe Park Klášterec nad Ohří II, which will offer 55,000 sqm of modern industrial space upon completion. The investment exceeds €60 million, supporting the economy of the Ústí Region and the country.

Toyota Material Handling CZ has taken over completed premises in Panattoni Business Park Zdice, developed by Panattoni, with Accolade group as investor. The company will provide comprehensive material handling solutions, equipment rental and service with a focus on efficiency. The premises will also serve as HQ for the company in the Czech Republic.

Construction has begun on a new phase of Panattoni Business Park Ostrov North, expanding the industrial zone by nearly 46,500 sqm of sustainable space. The new warehouse will be completed in March 2027, representing another step in revitalising one of the Czech Republic's largest brownfields. The project will pursue the highest level of international BREEAM New Construction certification, with Panattoni as developer and Accolade Group as investor.

The Czech Republic's commercial real estate investment market is on track for one of its most successful years in history, with transactions worth €2.46 billion completed in the first nine months of 2025, Colliers reports.

Accolade is expanding into South Bohemia with the acquisition of GARBE Park České Budějovice from GARBE Industrial Real Estate.

The first building of the logistics and consignment centre in the Panattoni Park Bratislava North II has been completed by the general constructor HSF System SK from the PURPOSIA Group. The project developer is Panattoni, the investor is the Accolade group.

Accolade will deliver another BTS facility for one of the Poland’s largest private courier operators. The warehouse will cover 11,400 sqm and will be part of Panattoni Park Lublin IV, where Accolade already owns two buildings totaling 52,000 sqm.

Accolade has received a loan from UniCredit Bank for the construction of two industrial parks. One is to be built in Karlovy Vary and the other in Slovakia, reports newstream.cz.