Accolade Funds 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
Gross leasable area in mil. sq m
2.3
Portfolio value in billions of EUR
2.3
Solid
tenants
100+
Expected long-term Performance p.a.*
7%
* Average annual expected
performance based on historical data
performance based on historical data
Investing opportunity
with solid
foundations
Fund in numbers
Easy to read, clear to act on.
Meet our numbers.
Average annual
performance
of shares
over the last 5 years
CZK
9.75%
EUR
10.27%
Average annual
performance
of shares
over the last 3 years
CZK
6.23%
EUR
4.79%
Performance
of shares
from April 1, 2025,
to March 31, 2026
CZK
5.70%
EUR
6.53%
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 Mar 31, 2026.
Number
of parks
42
Occupancy
rate
95.9%
Number
of tenants
100+
WAULT
Average Lease Term Remaining in Years
6.4
Number
of investors
3500+
LTV
Loan to value
52.9%
Number of countries with our parks
6
GLA
Gross leasable area
2.3 mil. sq m
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
€132,644,377
Portfolio
value
value
€2,255,730,000
Czech Republic
Poland
Others countries
Park Cheb
189,455 sq m
Hradiště u Chebu, Czech Republic
Accolade Funds Park Białystok II
36,772 sq m
Białystok, Poland
Park Cheb South
69,857 sq m
Cheb, Czech Republic
Accolade Funds Park Bydgoszcz I
50,075 sq m
Bydgoszcz, Poland
Accolade Funds Park Stříbro
186,349 sq m
Ostrov u Stříbra, Czech Republic
Accolade Funds Park Bydgoszcz II
37,041 sq m
Bydgoszcz, Poland
Accolade Funds Park Bydgoszcz III
46,614 sq m
Bydgoszcz, Poland
Park Bydgoszcz IV
43,345 sq m
Bydgoszcz, Poland
Accolade Funds Park Częstochowa
30,910 sq m
Częstochowa, Poland
Accolade Funds Park Gorzów Wielkopolski
69,510 sq m
Gorzów Wielkopolski, Poland
Park Goleniów
60,297 sq m
Goleniów, Poland
Accolade Funds Park Teplice South
32,615 sq m
Teplice, Czech Republic
Accolade Funds Park D5 Hořovice
42,280 sq m
Hořovice, Czech Republic
Accolade Funds Park Přeštice
14,015 sq m
Přeštice, Czech Republic
Accolade Funds Park Kielce
53,832 sq m
Kielce, Poland
Park Prague Airport II
11,149 sq m
Prague, Czech Republic
Accolade Funds Park Koszalin
59,326 sq m
Koszalin, Poland
Accolade Funds Park Legnica II
23,294 sq m
Legnica, Poland
Accolade Funds Park Týniště
9,783 sq m
Týniště nad Orlicí, Czech Republic
Park Legnica
38,111 sq m
Legnica, Poland
Accolade Funds Park Lublin
77,775 sq m
Lublin, Poland
Accolade Funds Park Valencia Picassent
18,797 sq m
Valencia-Picassent, Spain
Park Lublin IV
11,190 sq m
Lublin, Poland
Accolade Funds Park Mińsk Mazowiecki
14,913 sq m
Mińsk Mazowiecki, Poland
Accolade Funds Park Vitoria
33,531 sq m
Vitoria-Gasteiz, Spain
Accolade Funds Park Szczecin I
228,988 sq m
Szczecin, Poland
Accolade Funds Park Szczecin III
30,238 sq m
Szczecin, Poland
Accolade Funds Park Szczecin IV
39,993 sq m
Szczecin, Poland
Accolade Funds Park Zielona Góra
140,002 sq m
Zielona Góra, Poland
Accolade Funds Park Szczecin VI
54,300 sq m
Szczecin, Poland
Accolade Funds Park Košice Airport
58,357 sq m
Košice, Slovakia
Accolade Funds Park Bochum
19,892 sq m
Bochum, Germany
Accolade Funds Park Alsdorf
7,542 sq m
Alsdorf, Germany
Accolade Funds Park Kojetín
186,903 sq m
Kojetín
Park Zdice
13,361 sq m
Zdice, Czech Republic
Accolade Funds Park Roermond
43,685 sq m
Venlo, The Netherlands
Accolade Funds Park Sevilla
6,648 sq m
Sevilla, Spain
Park Cheb East
60,905 sq m
Okrouhlá, Czech Republic
Park Ostrov North
20,228 sq m
Ostrov, Czech republic
Accolade Funds Park Burgos
42,920 sq m
Burgos, Spain
Park České Budějovice, Czech Republic
19,991 sq m
Boršov nad Vltavou
Why invest
Partner with one of Europe’s leading industrial funds.
1
Stable investment
-
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
-
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
Option for Additional Investments
If you’re satisfied with your investment, you can choose to invest again at any time during the share subscription period.
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.
-
General Information
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Investment Strategy
-
Performance and Returns
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Investment Details
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Fees
-
Redemption of Shares
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Risk Management
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Sustainability
-
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 properties as defined by CBRE Group or another reputable commercial real estate firm or appraiser. Such properties may include warehouses, manufacturing facilities, or other commercial real estate falling within that definition.
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 3% 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: 15% 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 3% 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 in advance.
How long does the redemption process take?
The redemption process takes up to 45 calendar days from the redemption date. Plan accordingly, considering potential delays due to unforeseen circumstances.
Does Accolade Funds pause investments when I submit a redemption request?
No. Your investment remains active, and you receive a payout based on the most current valuation—ensuring transparency and fair market alignment.
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.
Key personnel
Experienced executives driving the fund’s strategic growth and success.
Member of the Board of Accolade Fund SICAV plc
Co-founder and co-owner of the investment group Accolade
Owner and Chairman of the Board of the investment group Reticulum, a. s.
A graduate of the Prague University of Economics and Business, the Faculty of Law of Charles University, and Harvard Business School
Zdeněk Šoustal
Member of the board of directors of Accolade Fund SICAV plc
Qualified Chartered Accountant with 20+ years of experience in audit, capital markets, financial advisory and asset management
Former Managing Director at Alter Domus, where he established and led the Malta office
Shareholder and Managing Director of Finco Group
Board and investment committee member of international financial entities; approved board member by the MFSA and CSSF
Chris Casapinta
Member of the board of directors of Accolade Fund SICAV plc
Chartered Certified Accountant (ACCA) with 25+ years of experience in financial services
Extensive background in fund administration, including HSBC and Apex Fund Services
Former Country Manager at Mainstream Fund Services and held C-suite roles across financial services firms
Non-Executive Director at ReAPS Asset Management
Director at Foinikas Wealth Management
Malcolm St. John
Member of the Board of Directors of Accolade Fund SICAV plc
Economist with a Ph.D. from Northwestern University (USA)
Professor, Founder and Former Head of the Department of Banking & Finance and Former Dean at the University of Malta
Consultant to key institutions including the Ministry of Finance and Central Bank of Malta and Bank of Valletta
Deputy Chairman of the Malta Stock Exchange
Director of several financial companies and member of various investment committees
Joseph Falzon
Member of the board of Accolade Investment Company Ltd.
Investment services professional active since 1997
Co-founder and former Managing Director of Quest Investment Services (acquired by Sparkasse Bank Malta in 2011)
Non-Executive Director, Investment Committee Member and Compliance/MLRO specialist
Qualified investment adviser (CeFA) with extensive experience across SICAVs and regulated investment firms
Qualified in Company Direction through the Institute of Directors (UK)
Sandro Bartoli
Member of the board of Accolade Investment Company Ltd.
Alexia Farrugia
Member of the board of Accolade Investment Company Ltd.
Chartered Fellow of the Chartered Institute for Securities & Investment with 30+ years of experience in financial services and asset management
Former Chief Investment Officer at HSBC Global Asset Management (Malta) Ltd
Director of the Malta Stock Exchange and Chairman of its Audit Committee
Chairman of the Board of Directors of various other licensed financial institutions amongst which HSBC Malta Funds SICAV plc
Chairman of a number of Investment Committees of Asset Management companies which at the moment manage more than EUR 7 billion worth of assets in aggregate
Steven Tedesco
Member of the Investment Committee Accolade Investment Company Ltd.
Chartered Financial Analyst (CFA) with 30+ years of experience in financial services
Former Chief Investment Officer at Atlantik Asset Management (formerly ABN AMRO Asset Management Czech Republic)
Involved in the launch and structuring of multiple SICAVs and sub-funds in Malta
Director and Investment Committee member of two Maltese SICAVs
Hedge fund advisor specialising in fund structuring, investment strategies and research
Petr Posker
Member of the Investment Committee of Accolade Investment Company Ltd.
Certified Public Accountant (CPA), FCCA and member of the Malta Institute of Accountants with 20+ years of experience
Finance Director and co-owner of ST Corporate and Advisory Services
Former Senior Financial Accountant at HSBC Bank Malta with responsibility for financial reporting and ALCO participation
Extensive experience across fund administration, UCITS, private equity and financial advisory services
Marica Tedesco
Member of the Investment Committee of Accolade Investment Company Ltd.
Become
our investor
Find answers to all your investment questions with the support of our experienced team. We’re here to assist you every step of the way.
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