Accolade Holding
Czech investment company
From Wikipedia, the free encyclopedia
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.
 | |
Company type | joint-stock company |
|---|---|
| Industry | Real estate investment trusts |
| Genre | Industrial properties |
| Founded | 2011 |
| Founder | Milan Kratina |
| Headquarters | , |
Area served | Central Europe |
Key people | Milan Kratina (CEO, co-owner) Zdeněk Šoustal (co-owner) |
| Products | Industrial real estate |
1,596,196,000 Czech koruna (2021)  | |
| Total assets | 7,350,000,000 Czech koruna (2021) |
| Website | http://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
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
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
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]