Celebrating our Polish decade
Accolade has been operating on the Polish market for ten years. Over that time, the company has managed to build a strong portfolio and become the market leader in the Szczecin region and the entire West Pomeranian Voivodeship. Including the assets from the Accolade Industrial Fund portfolio, the company currently manages 29 industrial parks in Poland with a total area of 1.6 million square metres. What were the most significant milestones of the past decade?
Accolade entered the Polish market in 2015 by investing in a project in the Lublin Voivodeship. A year later, it expanded into Szczecin, where construction of its first industrial park began. It targeted BREEAM certification for all new projects. In 2016 the portfolio grew to 100,000 square metres of space. “We saw huge potential in the Polish market from the very beginning. Today I am proud to say that Poland has become one of the key pillars of our strategy,” says Milan Kratina, CEO of Accolade.
We recognised the potential in some regions before others.
Further expansion and our first office
In 2017, Accolade opened its office in Warsaw and invested in an industrial park in Zielona Góra intended mainly for light industry. By 2018 the portfolio had grown to an impressive 360,000 square metres, with further projects launched in Kielce, Konin and Białystok. In 2019 the company acquired the premises of a former military airport in Legnica and started building a new logistics park in Bydgoszcz. “We recognised the potential in some regions before other investors, which made us the market leader in those areas,” adds Lukáš Répal, Accolade COO.
Refinancing and growth
2023 was marked by successes in the field of sustainability–the Szczecin III industrial park was the first in Poland to receive the highest, Outstanding level of BREEAM certification, with Park Konin soon to follow. We opened another regional branch, this time in Szczecin, and launched the Ruda Śląska project, a new industrial park in Upper Silesia. “We are delighted to see how our projects are attracting investors and how our team is growing dynamically–their support is key to our success,” adds Jakub Leszczyński, Transaction Director. By 2024, Accolade had 100 tenants in Poland, additional refinancing of 180 million euros and further expansion of its portfolio in Szczecin.
Sustainability first
2023 was marked by successes in the field of sustainability–the Szczecin III industrial park was the first in Poland to receive the highest, Outstanding level of BREEAM certification, with Park Konin soon to follow. We opened another regional branch, this time in Szczecin, and launched the Ruda Śląska project, a new industrial park in Upper Silesia. “We are delighted to see how our projects are attracting investors and how our team is growing dynamically–their support is key to our success,” adds Jakub Leszczyński, Transaction Director. By 2024, Accolade had 100 tenants in Poland, additional refinancing of 180 million euros and further expansion of its portfolio in Szczecin.
What’s next?
In 2025, Accolade wants to further strengthen its relationships with its tenants and confirm its role as a strong and trusted player in the market. It is planning both new investments and purchases of completed properties to allow us to respond flexibly to market needs. We place strong emphasis on modern technologies and are considering investments in smart buildings and process automation, which will not only streamline operations but also support sustainable development. Another important part of our plans is the further revitalisation of former industrial sites and investment in regions with high growth potential, where Accolade wants to help create a modern and functional business environment.
Accolade in Poland (as of 31 December 2024)
Accolade group
- Parks: 11
- Buildings: 18
- AUM: EUR 440 milion
- GLA: 0.52 milion m2
- Tenants: 23
Accolade Industrial Fund
- Parks: 18
- Buildings: 49
- AUM: EUR 910 milion
- GLA: 1.08 milion m2
- Tenants: 77
Accolade New Year Party in Poland
Accolade’s Polish offices held their New Year party at Baila Show & Dining in Warsaw on 23 January 2025. This year’s event had an even more festive atmosphere than usual, as it marked the company’s 10th anniversary on the Polish market. The 170 guests included Accolade employees, local business partners, representatives of banks and law firms, as well as Polish brokers and other distinguished guests. We all enjoyed a wonderful evening full of friendship and unforgettable moments.
