Accolade Holding

Accolade Holding a.s.
Company 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/

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.

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 the 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. ^ a b c "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. ^ "Accolade Holding, a.s., Praha IČO 28645065". Obchodní rejstřík firem (in Czech). Kurzy.cz. 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" (in Czech). Retrend. 5 March 2019. Retrieved 2020-05-28.
  4. ^ Robinson, Mark (2017-02-28). "Most k investicím do jednotlivých nemovitostí". iHNed.cz (in Czech). Retrieved 2020-05-28.
  5. ^ a b c "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. ^ "Partners". Karlovy Vary International Film Festival. Retrieved 2020-05-28.