Logistics Property Firm Appoint Poland MD
9th January 2023
The Accolade group, which invests in premium industrial and logistics property, has a new addition to its team. Jarek Wnuk, with his more than 21 years of experience in the commercial property sector, is the new Managing Director for Poland. He has previously worked for international real estate agency and global investment and development companies.
“I’ve been following the success Accolade have had in building a portfolio of modern industrial parks for a long time now. In terms of industrial, logistics, and manufacturing infrastructure, the Polish market is one of the fastest growing in Europe. With that in mind, I consider the consolidation and development of Accolade’s position in that market a significant challenge which I’m looking forward to immensely.” said Jarek Wnuk, who, in his role as Managing Director for Poland, will be responsible for managing Accolade‘s activity in Poland as well as the development of the project portfolio and finally for the preparation and implementation of fundraising activities.
“From a strategic perspective, Poland is a very important market with huge potential and I believe that Jarek’s extensive experience in the commercial property sector will be an enormous plus for us,” remarked Accolade Group CEO, Milan Kratina. Accolade owns 26 logistics parks in Poland, the total leasable area of which is approaching 1.5 million m². The group has so far invested nearly 28 billion CZK (over a billion EUR) in Poland and are planning to plough a further 12 billion CZK (around half a million EUR) into Polish activities.
Before joining Accolade, Jarek Wnuk was General Manager and a member of the board at private equity firm Bluehouse Capital. Previously, he held senior management positions at logistics and property companies Goodman and King Sturge. Jarek Wnuk graduated from the Faculty of Finance and Banking at the Warsaw School of Economics, along with completing a year of study at the College of Estate Management in Reading.
Accolade Holding, a.s. operates in six European countries, where it invests in modern and sustainable infrastructure for global e-commerce, manufacturing and logistics brands. It owns a network of 45 BREEAM-certified industrial parks in the Czech Republic, Poland, Germany, Spain, the Netherlands and Slovakia, guaranteeing a sustainable and environmentally friendly approach. The group has now completed 2.6 million m2 of commercial properties, which it leases to almost 260 tenants worldwide. More than 8 million m2 are in the pipeline.
Accolade also invests in brownfield redevelopment. Their share in the company’s portfolio is currently around one third. A building in the redeveloped compound of Strojírny Cheb became the first project in the Czech Republic to receive the Outstanding grade and a record score of 90.68% according to the BREEAM global sustainability rating. In 2014, the group established the Accolade Industrial Fund (Accolade Fund SICAV p.l.c.), an industrial real estate fund open to qualified investors, of whom it now has over 2,800. The value of the fund’s portfolio has exceeded 1.4 billion EUR. It has ranked as the best performing real estate fund in the Czech Top Real Estate Funds ranking several times in a row. In 2017, the group bought the operator of the second busiest airport in the Czech Republic, Brno-Tuřany, and is preparing a polygon near Stříbro to serve as a research centre for the development and certification of autonomous driving vehicles.