Name of company
ACCOLADE
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Name of President or Managing Director for the region
Milan Kratina, CEO
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Profile of President or Managing Director for the region
Milan Kratina, CEO of Accolade Group, has led the company's expansion into eight European countries, driving innovation and sustainability. Under his leadership, Accolade has become a leader in industrial real estate, creating Europe's greenest parks.
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Description of company and team
Accolade employs over 160 professionals across four offices in Prague, Warsaw, Zagreb, and Valencia, investing in modern and sustainable infrastructure tailored to global brands. Markets covered are Czech Republic, Poland, Slovakia, Croatia, Germany, Spain, Hungary and Netherlands.
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Office projects included in the portfolio
N/A
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The value of office properties held by investor
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Retail projects included in the portfolio
N/A
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The value of retail properties held by investor
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Warehouse projects included in the portfolio
Accolade's CEE portfolio is 62 industrial parks plus 7 industrial parks under construction. In total 3,3 million sqm GLA.
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The value of warehouse properties held by investor
3000000000
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PRS projects included in the portfolio
N/A
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The value of PRS properties held by investor
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The largest purchase transactions between July 2023 and June 2024
Accolade has secured tenant and started development of very unique project with the total project costs amounted to approximately 240,000,000EUR, including above-standard tenant improvements. The project is not unique only due to its size (over 237,000 sqm GLA) and value but also due to the high tec technologies of the tenant who is contributing significant amount for their improvements, amounting overt 60,000,000 EUR. We have succesfully secured bank financing of 190,000,000 EUR from the bank.
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Why the company should be considered for the award
The expansion of Accolade's portfolio to over 3.4 million sqm of leased or under-construction space with a total value over EUR 3 billion has a significant impact on the development of local economies in the regions where the investor is present. The company manages 62 industrial parks with over 203 tenants across six European countries, with Poland and the Czech Republic at the forefront. In the autumn of 2023, Accolade entered Croatia and successfully refinanced projects securing loans totaling nearly EUR 400 million. Additionally, the company introduced its first green bonds in Czech crowns, valued at EUR 120 million, which sold out in just two weeks. All buildings in their portfolio hold BREEAM certificates, with 7 projects rated at the Outstanding level (5 in the Czech Republic and 2 in Poland), including the first industrial park in Poland to receive such a high level of certification and the world's greenest industrial building.
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Future plans
Accolade is focused on expanding its presence in Europe, with new projects in Poland, the Czech Republic, Spain, Croatia and other markets. The company emphasizes sustainable industrial parks and ensuring all future developments meet the highest environmental standards.
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Company website
https://accolade.eu/en/
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