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Strong Czech koruna, tenant turnover and a new park in Szczecin
It is time to look back at the results of Accolade Industrial Fund during the past quarter and the factors that shaped them.
Accolade Industrial Fund Secures Financing from ING to Strengthen Its Position in the Spanish Market
The €56 million loan will support the expansion and consolidation of four industrial parks in Burgos, Valencia, Seville and Vitoria.This is the first agreement between the two entities, whereby Accolade Industrial Fund refinances its Spanish portfolio under ING's sustainable financing framework.The transaction strengthens Accolade's position as a leading investor in cutting-edge industrial and logistics parks in the Spanish market.The transaction was completed with support from Knight Frank, CMS and Pérez Llorca.
Accolade Industrial Fund secures €28 million loan from Tatra banka to refinance Košice industrial park
Accolade Industrial Fund has secured a €28 million loan (approximately CZK 700 million) from Slovakia’s Tatra banka. The funds will be used to refinance Accolade Funds Park Košice Airport, i.e. to support the long-term holding of the facilities and further development of the park. The site, a major European industrial hub, comprises three fully leased halls with a total area of 58,000 sq m.