The Accolade Fund has completed transactions worth over EUR 140 million, adding more than 176,000 sq m of modern halls to its portfolio in 2020.
In 2020, the Accolade Industrial Real Estate Fund has acquired into its portfolio modern halls with an area exceeding 176,000 sq m, at a total value of EUR 140+ million. The transactions carried out include nine projects for reputable companies with an average lease length of seven years. In total, 70% of them are modern halls for production and logistics connected with e-commerce in five industrial parks in the Czech Republic and Poland.
In 2020, 9 projects have been added to the Fund’s portfolio within 7 industrial complexes, which are now leased by 17 world brands and leaders in their fields, such as TFS, DHL, InterCars, Expondo, REAL digital, Raben, KION and Nexans.
At present, the Fund, established in 2014, manages assets in excess of EUR 658+ million and is the owner of 15 industrial parks in the Czech Republic, Poland and Germany. It leases modern and sustainable industrial halls with a total area of 886,136 sq m and an occupancy rate of 99.7% to dozens of tenants of the most resonant names in European and world business.