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Another significant milestone for Accolade Industrial Fund: annual rent income from the Fund’s projects exceeds EUR 100 million
Accolade Industrial Fund, which celebrates its ten-year anniversary this year, surpassed another significant milestone in the first quarter by exceeding EUR 100 million in total annual contractual leases, equivalent to approximately CZK 2.5 billion. Some projects in Germany or Poland even saw rent increases of tens of per cent. Moreover, Accolade Industrial Fund posted a return of over 3% in CZK and almost 2% in EUR in the first quarter. The average annual return since inception is 12%.
2024 represents a special landmark for us as we celebrate the 10th anniversary of Accolade Industrial Fund.
This is why we particularly appreciate every encounter with our investors outside of the usual business this year.
Quarterly Update from Accolade Industrial Fund
This quarter, we've seen solid progress and strategic expansion, even as we adapt to the market's dynamics.
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