After Seville and Valencia, Burgos becomes the Fund’s third Spanish location, expanding its presence in Spain to over 68,365 square meters.
Full Focus on Operational Excellence
The building is an excellent example of Accolade Funds' commitment to investing in modern industrial infrastructure that empowers global supply chains while driving regional development.
This advanced facility is designed to store over 800,000 tires, playing a pivotal role in Bridgestone’s logistics and distribution strategy. It has achieved a BREEAM “Very Good” certification, highlighting its environmentally friendly construction. Key features include:
- 24 loading docks and 10-meter-high storage systems to optimize operations.
- 31 truck holding zones for seamless distribution and export processes.
- A rooftop installation of photovoltaic panels generating up to 100 kWp of renewable energy.
- Advanced fire protection systems for enhanced safety.
- Advanced sensor systems to ensure energy efficiency and sustainable operations.
This flagship project represents a €40 million investment by Bridgestone and is secured with a long-term lease, setting a new benchmark for smart logistics centers in Europe.
Why Burgos? A Prime Logistics Hub
Burgos’ location makes it an ideal logistics hub for companies looking to streamline their operations in Europe. Positioned at the crossroads of major transportation routes, it offers excellent connectivity to ports like Bilbao and Santander, as well as direct links to Madrid and other key industrial centres in Spain.
The city boasts a thriving industrial ecosystem, particularly in the automotive and manufacturing sectors, supported by government and institutional support for logistics projects. This infrastructure, coupled with high standards in innovation and sustainability, reinforces Burgos’ role as a regional economic powerhouse.
Milan Kratina, Chairman of the Board of Accolade Industrial Fund, highlighted the significance of the Park Burgos acquisition for the Fund's portfolio:
"The recent acquisition exemplifies our approach to building a resilient portfolio of modern, sustainable industrial parks leased by solid tenants. This transaction not only significantly increases the overall area of the Spanish assets of the Accolade Industrial Fund but also enhances their value, clearly proving our confidence in the local market. From an investor's point of view, it is also worth highlighting that Bridgestone aims to lease its premises in Burgos for the long term. Such a tenant approach ensures stable rental income, which is a key precondition for achieving consistent returns."
A Thriving Business Ecosystem in Burgos
Burgos is quickly establishing itself as a rising logistics hub in Europe, and Accolade Industrial Fund’s recent investment adds a high-potential asset to our portfolio. This acquisition aligns perfectly with our strategy of targeting prime locations that offer exceptional business opportunities.
The new logistics centre in Burgos not only strengthens Bridgestone’s European operations but also highlights Accolade Industrial Fund’s ability to capitalize on transformative opportunities in industrial real estate. This investment demonstrates our forward-thinking approach—unlocking value, driving sustainable growth, and securing long-term returns for our investors.
