Cushman & Wakefield has been appointed as property manager for part of the warehouse and logistics portfolio of international investment company Accolade. It will provide asset services for properties with a total area of over 440,000 sqm in locations across Poland such as Mińsk Mazowiecki, Konin, Elbląg, Kielce, Piła, and Koszalin, and in the Czech Republic, including Stříbro Park, one of the largest warehouse parks in the Czech market. 

At the end of 2024, Jakub Leszczyński, was appointed to the role of Transaction Director at Accolade. In his new position, Jakub is responsible for the comprehensive management of transactional processes, including project financing and refinancing, the selection and structuring of development processes, and the acquisition of warehouse projects. One of his significant achievements since assuming this role has been executing one of the largest green refinancing deals in Poland, valued at €180 million.

The Accolade concern, which invests in industrial and production real estate across Europe, is opening a branch in Zagreb and Ivana Barać has joined as the new business director of Accolade Croatia. 

Accolade has received a loan from Česká spořitelna for the refinancing of projects in four industrial parks and new acquisitions, reports E15.cz.

A Korean automotive company has taken over a new hall in the Kladno-South location with an area of 21,000 sqm, reports Newstream.cz. Construction has lasted a year and the new building has been handed over to the tenant this July. 

The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.

Industrial developer Accolade published its year-end results for 2023. Despite lower construction activity across the market overall, Accolade’s total lease volume remained the same as 2022 thanks to renegotiations. Accolade either leased or extended the lease of existing agreements for 555,000 sqm worth of properties (of which 168,000 sqm is part of the fund’s portfolio). Furthermore, total rental income grew by 26% to €148 million (with nearly €100 million falling under the fund’s portfolio) over the course of last year. By expanding into Croatia, 2023 also saw Accolade further grow its operation through the addition of another European country.

With the upcoming introduction of mandatory non-financial reporting, which will require companies to report on how they are performing in the areas of environment, employee relations and responsibility, and ethical working practices, industrial and logistics companies are taking a keener interest in sustainable solutions. This interest is then reflected in their demands for the properties on which they are based. Research by Colliers shows that the sustainability issue has so far been most commonly addressed by large multinationals, who expect properties to be equipped with sustainable technologies such as heat pumps, heat recovery units, energy-efficient smart lighting and photovoltaics. Experts from Colliers predict that interest in this topic will also increase next year but among smaller local companies. 

Accolade Group continues its international expansion. The Group recently expanded its portfolio with Croatia, its seventh European country. North of the city of Zagreb, Accolade has obtained a building permit for its first industrial hall of approximately 50,000 sqm. In parallel with this project, the group is working on other sites in the Balkans.

Accolade has expanded its management team with the addition of a new director responsible for the commercialisation of the entire group's portfolio. Joanna Sinkiewicz brings over 16 years of property industry experience and will be responsible for achieving the company's strategic goals.