Accolade secures financing for its Białystok III investment from Bank Pekao S.A.
Accolade has secured development financing for one of its key projects in Eastern Poland. Bank Pekao S.A. has granted the company a EUR 24 million loan to fund the construction of Białystok III – a modern warehouse facility totaling 34,000 sqm, of which 66% has already been pre-leased.
Białystok III is one of five new developments being launched by Accolade in the second half of 2025. The facility will be the company’s third park in the Białystok metropolitan area, bringing Accolade’s total space in this location to over 110,000 sqm, making it one of the key logistics hubs in the investor’s portfolio. The project is scheduled for completion in the first half of 2026 and has already attracted tenants from the e-commerce, retail, and logistics sectors.
“Białystok is one of the fastest-growing logistics markets in Eastern Poland, and the park in Choroszcz is another step in building our long-term strategy for this region. Securing financing from Bank Pekao S.A. confirms the stability of the project and the trust financial institutions place in our strategy of investing in smaller but high-potential markets. We are pleased that such a large portion of the space has already been leased during construction - it’s a strong signal for the market.” says Jakub Leszczyński, Transaction Director at Accolade Poland.
The investment in Choroszcz will further strengthen Białystok’s position as a leading regional logistics hub. The project will increase the availability of modern industrial space for companies expanding in the region, while supporting job creation and local economic growth. Accolade’s existing presence in the region has already enabled the creation of nearly 1,300 jobs, and the new park will open the door to further employment opportunities.
„Bank Pekao S.A. actively supports the development of modern warehouse and logistics infrastructure in Poland, financing strategic projects in key regional markets. The loan for the Białystok III investment is another example of our commitment to creating innovative business spaces that foster economic growth and strengthen regional competitiveness. We thank Accolade for another successful transaction, confirming our long-term relationship and readiness to continue our cooperation.” says Adam Łuciuk, Head of Commercial Real Estate Financing at Bank Pekao S.A.
The Białystok III project is part of Accolade’s broader investment program, covering the development of five new facilities in regional cities. All projects are scheduled for delivery by mid-2026, bringing nearly 100,000 sqm of modern industrial space to the market.