Thursday, 22 January 2026
Accolade Group has launched its second joint project in the Czech Republic with GARBE Industrial Real Estate, investing in the development of GARBE Park Klášterec nad Ohří II. The project, located in the Ústí Region, will deliver approximately 55,000 sq m of modern industrial space. The total investment value exceeds EUR 60 million, equivalent to more than CZK 1.4 billion.
Construction of the park began at the end of 2025, with the first structural elements now in place. The development is intended to rely largely on Czech construction, technology and service providers during both the construction and operational phases, with the aim of retaining a significant share of the investment within the domestic economy.
The main tenant of the new facility will be Reckitt, which has leased the majority of a 35,000 sq m hall. Discussions with additional tenants are ongoing. According to the developers, the project builds on the earlier phase in Klášterec nad Ohří, where industrial premises were completed, fully leased and subsequently sold.
The industrial hall is being developed to Class A standards and will include a clear height of 12 metres, loading docks and direct drive-in access. The location benefits from transport links to the D7 motorway, with further connections to the D8, D6 and D5 motorways, providing access to Germany, including Bavaria and Saxony. The site is positioned to serve companies active in logistics, warehousing, light manufacturing and e-commerce, particularly those with links to the German market.
Sustainability measures form part of the project’s design, including LED lighting, electric vehicle charging infrastructure, a green façade and rainwater reuse systems. The development is planned in line with ESG criteria, EU taxonomy requirements and BREEAM certification standards.
GARBE Park Klášterec nad Ohří II is being developed by GARBE Industrial Real Estate Czech Republic s.r.o., part of the wider GARBE Industrial group, which operates across Germany and other European markets with a focus on logistics and light industrial real estate.
