Accolade Holding

Accolade Holding, a.s. (Accolade Group) is a Czech investment company operating in six European countries, providing infrastructure for European businesses, predominantly in the e-commerce, processing industry and logistics sectors.


Accolade Holding a.s.
Typejoint-stock company
IndustryReal estate investment trusts
GenreIndustrial properties
Founded2011
FounderMilan Kratina
Headquarters
Prague
,
Czech Republic
Area served
Central Europe
Key people
Milan Kratina
(CEO, co-owner)
Zdeněk Šoustal
(co-owner)
ProductsIndustrial real estate
1,596,196,000 Czech koruna (2021) Edit this on Wikidata
Total assets7,350,000,000 Czech koruna (2021, 2021) Edit this on Wikidata
Websitehttp://www.accolade.cz/

The company owns a network of 26 industrial parks located in the Czech Republic, Poland, Germany, and Slovakia, as well as (since 2017) Brno–Tuřany Airport. In addition, the company provides premises for the development and certification of autonomous vehicles near the West Bohemian town of Stříbro.[1]

History
Park Lublin, Poland.

Accolade Group was established in the Czech Republic in 2011 and is owned by Milan Kratina and Zdeněk Šoustal.[2] In 2014, the company expanded to Poland, where many of their parks are built on former brownfield land.[3] In the same year, the company established an investment fund for industrial properties, Accolade Fund Sicav.[4]

Since 2017, Accolade has been the owner of Brno–Tuřany Airport, the second busiest airport in the Czech Republic. The company also has plans to provide a proving ground for the development and certification of autonomous vehicles near the West Bohemian town of Stříbro.[1]

In 2018, Accolade Group owned and leased 750,000 sqm of industrial land for rent.[1] In 2019, the portfolio of their commercial properties was 1.3 million sqm, with a value of just under €1,134 billion.[5]

The company's commercial property portfolio is mostly in Czech Republic and Poland.[6] Since 2018, Accolade has moved into the industrial property market in Germany,[7] and since 2019 in Slovakia.[8] In March 2020, the company was ranked #56 on a list of the fastest-growing companies in Europe by the Financial Times, ranking in the top five in the real-estate sector and #1 in the Czech Republic.[9]

Parks
Build-to-suit warehouse Legnica, Poland.

As of 2020, Accolade Group operated 29 industrial parks.[10]

Country Czech Republic Poland Germany Slovakia Total[5]
Number of parks 13 10 2 1 26
Total size in sqm 878 356 823 951 27 568 37 139 1 767 014
Monetary value in mil. EUR 625,7 467,5 37,1 3,9 1 134,2
Completed projects in sqm 463 346 490 414 7 512 X 961 272
Projects under the construction in sqm 118 659 122 820 20 056 16 767 278 302
Planned projects in sqm 296 351 210 717 X 20 372 527 440

Sustainability and CSR
Panattoni Park Stříbro

All of Accolade's buildings in the Czech Republic are BREEAM-certified as at least "Very Good", and in Poland as "Good", relating to the level of environmental friendliness, working conditions for employees, and energy self-sufficiency of the building.[11] The building created by Accolade for cosmetics distribution centre Estée Launder in Cheb industrial zone, operated by DHL, is certified as BREEAM Excellent, among the top-rated buildings in Central Europe.[12] Much of Accolade's promotional material emphasises its environmental credentials.

For several years, the company has been providing support for sheltered housing and social therapeutic workshops by non-profit organisation Mela. They also sponsor scientific projects (Neuron Awards), cultural events (Karlovy Vary International Film Festival),[13] sports, and regional economic initiatives.

Accolade often uses former brownfield land for its projects; the proportion of former brownfield land in its portfolio is 53% in Poland and 22% in the Czech Republic. A further revitalization project is planned for Bochum in Germany, where a new development is due to replace a former Opel factory.[5]

References
  1. "Accolade plans to build a self-driving car testing facility near Stribro". 27 June 2018. Archived from the original on 27 June 2018. Retrieved 28 May 2020.
  2. Kurzy.cz. "Accolade Holding, a.s. , Praha IČO 28645065 - Obchodní rejstřík firem | Kurzy.cz". rejstrik-firem.kurzy.cz (in Czech). Retrieved 2020-05-28.
  3. "Accolade zažil v Polsku další úspěšný rok. Hodnota tamních hal a parků narostla o 120 % a celkově přesáhla 10 mld. korun". RETREND - zpravodajský magazín z oblasti Real Estate aj. (in Czech). 5 March 2019. Retrieved 2020-05-28.
  4. Robinson, Mark (2017-02-28). "Most k investicím do jednotlivých nemovitostí". Hospodářské noviny (iHNed.cz) (in Czech). Retrieved 2020-05-28.
  5. "Accolade". accolade.eu. Retrieved 28 May 2020.
  6. Novotný, Radek (2016-10-20). "Accolade přemění starou leteckou továrnu u polského přístavu Štětín na průmyslový areál". Časopis Logistika (in Czech). Retrieved 2020-05-28.
  7. "Accolade investuje v Německu – Stavební fórum a.s." (in Czech). 11 February 2019. Retrieved 2020-05-28.
  8. "Accolade vstupuje na Slovensko, haly v Košicích postaví Panattoni". www.finance.cz. Retrieved 2020-05-28.
  9. Smith, Ian (2019-03-01). "The FT 1000: third annual list of Europe's fastest-growing companies". Financial Times. Retrieved 2020-05-28.
  10. "The Accolade Group".
  11. "Greenest and friendliest industrial building of the year now built in Cheb. It even has a lizard…". accolade.eu. Retrieved 2020-05-28.
  12. "Central Europe's Best Industrial Zone is in Cheb. Thanks to Accolade". accolade.eu. Retrieved 2020-05-28.
  13. "KVIFF | Partners". www.kviff.com. Retrieved 2020-05-28.
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