Park Białystok I
42,318 sq m
Białystok, Poland
European business future, profitably invested
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Long-term partnerships with top-tier tenants
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Investing in the future of E‑commerce and light manufacturing
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Stable returns based on a conservative strategy
Billion EUR of assets under management
1.7
Solid tenants
114
Expected long-term Performance p.a.*
7%
* Average annual expected
performance based on historical data
performance based on historical data
Fund in numbers
Easy to read, clear to act on.
Meet our numbers.
Average annual performance
of shares since inception
CZK
11.84%
EUR
12.42%
Average annual performance
of shares over the last 3 years
CZK
6.98%
EUR
6.78%
Performance of shares
from October 2, 2023, to September 30, 2024
CZK
5.08%
EUR
2.73%
Unless otherwise stated, the information relates to the institutional classes of investment shares (ISIN MT7000014932 and MT7000014940).
Key facts
All data is valid as of September 30, 2024.
Number
of parks
34
Occupancy
rate
97.13%
Number
of tenants
114
WAULT
Average Lease Term Remaining in Years
6.99
Number
of investors
3,405
LTV
Loan to value
51.53%
portfolio
Our industrial parks span across 6 European countries, driving regional growth and attracting global investors and businesses. Each property meets BREEAM’s high sustainability standards.
Annual
contractual rent
contractual rent
For the upcoming 12 months
€104,959,219
Portfolio
value
value
€1,773,197,000
Czech Republic
Poland
Others countries
Park Cheb
189,457 sq m
Hradiště u Chebu, Czech Republic
Park Białystok II
36,772 sq m
Białystok, Poland
Park Cheb South
69,858 sq m
Cheb, Czech Republic
Park Bydgoszcz I
50,075 sq m
Bydgoszcz, Poland
Park Stříbro
186,349 sq m
Ostrov u Stříbra, Czech Republic
Park Bydgoszcz II
37,041 sq m
Bydgoszcz, Poland
Park Bydgoszcz III
46,614 sq m
Bydgoszcz, Poland
Park Bydgoszcz IV
43,345 sq m
Bydgoszcz, Poland
Park Częstochowa
30,910 sq m
Częstochowa, Poland
Park Gorzów Wielkopolski
69,509 sq m
Gorzów Wielkopolski, Poland
Park Goleniów
28,003 sq m
Goleniów, Poland
Park Teplice South
32,615 sq m
Teplice, Czech Republic
Park D5 Hořovice
42,280 sq m
Hořovice, Czech Republic
BTS Přeštice
14,015 sq m
Přeštice, Czech Republic
Park Kielce
53,833 sq m
Kielce, Poland
Park Prague Airport II
11,149 sq m
Prague, Czech Republic
Park Koszalin
13,309 sq m
Koszalin, Poland
BTS Legnica
23,294 sq m
Legnica, Poland
BTS Týniště nad Orlicí
9,783 sq m
Týniště nad Orlicí, Czech Republic
Park Legnica
38,018 sq m
Legnica, Poland
Park Lublin
77,771 sq m
Lublin, Poland
Park Valencia Picassent
18,797 sq m
Valencia-Picassent, Spain
Park Mińsk Mazowiecki
15,050 sq m
Mińsk Mazowiecki, Poland
Park Szczecin I
228,988 sq m
Szczecin, Poland
Park Szczecin III
30,238 sq m
Szczecin, Poland
Park Zielona Góra
140,002 sq m
Zielona Góra, Poland
Park Košice Airport
36,780 sq m
Košice, Slovakia
BTS Bochum
19,892 sq m
Bochum, Germany
BTS Alsdorf
7,542 sq m
Alsdorf, Germany
Park Kojetín
186,903 sq m
Kojetín
Park Zdice
13,361 sq m
Zdice, Czech Republic
Park Roermond
43,685 sq m
Venlo, The Netherlands
BTS Sevilla
6,648 sq m
Sevilla, Spain
Why invest
Partner with one of Europe’s leading industrial funds.
1
Stable investment
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Independence from the stock market
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Steady income through long-term lease agreements
2
Long-term growth
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Ideal for long-term growth and consistent returns
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Appreciation of properties over time
3
Diversification
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Spread risk across high-quality industrial properties
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The fund diversifies across locations, tenants from various sectors, and financial institutions
4
Growing E-commerce
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Increased demand for warehouses and distribution centers
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Need for extensive logistics networks
5
Importance of logistics
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Crucial for various industrial sectors
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Essential for storage and transportation of goods
6
One of the largest Funds in Europe
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Confidence and security through Accolade Industrial Fund
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Larger size brings greater diversification and lower risk
7
European independence
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Opportunities for manufacturing and distribution centers
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Alignment with goals of economic independence and resilience
Become our Investor
Our fund is for qualified investors seeking to invest in industrial properties across Europe’s dynamic markets, including the Czech Republic, Poland, Germany, Slovakia, the Netherlands, and Spain.
Minimum investment
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The minimum investment is EUR 75,000 (or CZK 2 million) or EUR 10,000 (or CZK 250,000) for recurring investments.
Currency flexibility
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It is possible to invest in CZK or EUR.
Subscription schedule
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New shares are subscribed four times a year, always at the end of the calendar quarter.
01
Contact us
If you have any questions, we are here to answer them and ease your decisions.
02
Get information
Reach out to us for all the details you need to confidently move forward.
03
Sign the contract
If you decide to invest, we will jointly sign a Commitment Agreement.
04
Receive reports
Your investment is underway. Every quarter, we send you the latest fund’s results and report on your investment’s performance.
05
You can reinvest
If you are satisfied with your investment, you can reinvest at any time during a new subscription.
06
Redemption
After five years you may arrange an “exit” – a share redemption – if you want to leave the fund.
Frequently asked questions
Read our FAQ or contact our experts for more information.
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General Information
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Investment Strategy
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Performance and Returns
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Investment Details
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Fees
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Redemption of Shares
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Risk Management
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Sustainability
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Administration
What is the Accolade Industrial Fund?
The Accolade Industrial Fund is a sub-fund of Accolade Fund SICAV plc, an Alternative Investment Fund (AIF) for qualified investors, regulated by the Malta Financial Services Authority (MFSA).
Who is the fund for?
The fund is designed for qualified investors with advanced knowledge and experience in investing.
Which currencies can be used for investment?
Investments can be made in CZK or EUR.
What is the fund’s investment objective?
The fund aims to increase the value of investments by focusing on industrial real estate leased to companies in manufacturing, logistics, and e‑commerce sectors.
What types of assets does the fund invest in?
The fund invests in Class A industrial real estate such as warehouses and manufacturing facilities to maintain a diversified portfolio across the EU.
How does the fund generate returns?
Watch this short video to learn how the Accolade Industrial Fund generates returns through strategic investments in industrial real estate.
How often is the fund valued?
The fund is typically valued four times a year.
Is the fund’s return guaranteed? What return can I expect?
The fund does not guarantee returns. The expected annual return is 7% p.a., but it can fluctuate based on market conditions.
What type of properties does the fund invest in?
The fund invests exclusively in Class A industrial real estate, including warehouses and production spaces as defined by CBRE.
What is the minimum investment lock-up period?
The minimum lock-up period is 5 years.
Can I cancel my investment early?
It is not possible to cancel the investment before the minimum lock-up.
What is the minimum investment amount?
The minimum investment amount is EUR 75,000 or equivalent in CZK, as required by regulations.
What is the difference between the share classes CZK, CZK2, EUR, EUR2, and their "-D" variants?
The differences lie in the minimum investment amount and the currency of investment:
- Classes CZK and EUR require a total investment of at least EUR 740,000 or equivalent. This applies to CZK-D and EUR-D variants as well.
- Classes CZK2 and EUR2 have a lower minimum investment of EUR 75,000 or equivalent.
- Variants CZK2-D and EUR2-D have a minimum investment of EUR 100,000 or equivalent.
- The "-D" class allows for partial redemption of shares as a payout, subject to a written request. The decision to pay annual profit is at the discretion of the board.
What fees will I pay as an investor?
- Entry Fee: Up to 2% of the subscription amount, payable in addition to the investment.
- Management Fee: Included in the Net Asset Value (NAV), varying by share class:
- 1.00% annually for CZK, EUR, CZK-D, EUR-D classes.
- 1.60% annually for CZK2, EUR2, CZK2-D, EUR2-D classes.
- Performance Fee: 20% of excess returns over the High Water Mark. Already included in NAV.
Are published figures net of fees?
Yes, reported NAV values reflect all fees, excluding only the entry fee, which may be up to 2% of the subscription amount.
When can shares be redeemed?
Shares can be redeemed after 5 years from subscription. A request must be submitted at least 12 months and 5 business days in advance.
How long does the redemption process take?
The redemption process takes up to 45 days from the redemption date. Plan accordingly, considering potential delays due to unforeseen circumstances.
What are the risks associated with this fund?
The fund faces various risks, including property value declines, economic and competitive risks, environmental factors, tenant credit defaults, interest rate changes, illiquidity, and potential natural disasters or terrorism.
Key Risks:
- Real Estate Property Value Risk: Decreased property values can impact income and fund value.
- Economic Risks: Fund performance can be affected by general and local economic conditions, changes in tax laws, and tenant non-payment.
- Interest Rate Risk: Rising interest rates can increase financing costs, potentially affecting fund performance.
- Liquidity Risk: Real estate investments are illiquid, making quick asset sales or share redemptions challenging.
What is the fund’s risk level?
The fund is classified as Class 6 out of 7 (KID/PRIIPS) due to the illiquid nature of its underlying assets.
Does the fund specifically invest in sustainable properties?
While the fund does not have a dedicated sustainability strategy, it naturally selects properties certified to BREEAM standards, ensuring high sustainability levels.
What sustainability standards do the fund’s properties meet?
Properties meet stringent criteria for modern development and environmental impact, certified to BREEAM standards.
Is the fund part of any international association?
Yes, the fund is a member of INREV, a European association promoting transparency, professionalism, and best practices in commercial real estate.
What administrative requirements are involved in investing?
Due to anti-money laundering regulations, each new investor must undergo a Know Your Customer (KYC) process, which includes identity verification and proof of funds.
Documents to download
These documents provide a comprehensive overview of the fund.
Factsheet
Performance of shares in the last quarter
Privacy notice
Personal data processing principles
Key information (PRIIPs)
Information about investment product
SFDR
Sustainable finance disclosure regulation statement
Mandatory notice
Legal and regulatory investment information
Presentation for investors
PDF brochure
Key personnel
Experienced executives driving the fund’s strategic growth and success.
Co-founder of Accolade Fund SICAV plc, member of the Investment Commitee
Co-owner and CEO of the investment group Accolade
Active in industrial real estate and investments since 2007
Graduate of the Faculty of Law at Masaryk University in Brno
Milan Kratina
Chairman of the Board of Accolade Fund SICAV plc
Member of the Board of Accolade Fund SICAV plc, member of the Investment Commitee
Co-founder and co-owner of the investment group Accolade
Owner and Chairman of the Board of the investment group Reticulum, a. s.
Graduate of the Prague University of Economics and Business and the Faculty of Law of Charles University
Zdeněk Šoustal
Co-owner of the investment group Accolade
Shareholder and Managing Director of Finco Trust
Over 10 years experience in audit and financial advisory
Chris Casapinta
Member of the board of directors of Accolade Fund SICAV plc
More than 20 years experience in the Asset Management sector
Managed portfolio exceeding EUR 1 billion
Chartered Fellow of the Chartered Intitute for Securities & Investment
Steven Tedesco
Member of the Investment Committee Accolade Investment Company Ltd.
Professor with Ph.D. degree in economics from Northwestern University in Evanston, Illinois, U.S.A.
Author of several local and foreign publications on the Maltese economy
Served as a consultant to several Maltese organizations
Joseph Falzon
Member of the board of Accolade Investment Company Ltd.
In the investment services business since 1997
In 2000 set up Quest Investment Services Ltd., an independent financial advisory company
Advisers (CeFA) and various other certificates in compliance and anti-money laundering
Sandro Bartoli
Member of the board of Accolade Investment Company Ltd.
Almost 20 years experience in the financial services industry
Focused on investment services for non-banking financial institutions in Malta, private companies, and companies listed on the Malta Stock Exchange
Authorized Risk Manager and MLRO to investment services firms and financial institutions
Alexia Farrugia
Member of the board of Accolade Investment Company Ltd.
Portfolio Manager with 20 years experience in various companies (e.g. Atlantik Asset Management or ABN AMRO Asset Management)
Member of the CFA Institute since 1999
Petr Posker
Member of the Investment Committee of Accolade Investment Company Ltd.
Certified Public Accountant with 18 years of experience in the financial services industry holding various senior roles
Over 15 years work history in Fund administration including HSBC and Apex Fund Services
ACCA completed in 2008
Malcolm St. John
Member of the Board of Directors of Accolade Fund SICAV plc
More than 20 years of experience in the financial services industry specializing mostly in the accountancy field
Over 10 years of experience in the investment services business ranging from Fund Administration to UCITS Internal Auditing and Investment Analysis of Private Equity projects
Marica Tedesco
Member of the Investment Committee of Accolade Investment Company Ltd.
Become
our investor
Get personalized guidance and answers to all your investment questions from our experienced team.
