Accolade secures €29.5 million green financing for Park Szczecin VI

9 October 2024

International investor Accolade has successfully secured €29.5 million in green financing from BNP Paribas Bank Polska to develop Park Szczecin VI, a state-of-the-art industrial park located within the Dunikowo Special Economic Zone. Spanning over 54,000 square meters, this new facility marks a significant step in Accolade’s broader strategy to invest in sustainable industrial parks that contribute to the long-term economic growth of the region.

Joanna Sinkiewicz, Group Commercial Director and Managing Director at Accolade Poland, emphasized the importance of the development in the company’s expansion within the West Pomeranian region:
“Park Szczecin VI represents our response to the increasing demand for sustainable industrial facilities. We aim to offer tenants energy-efficient solutions while also supporting environmental care. Our goal is to provide long-term flexibility and optimization for our users, even amid changing economic conditions, while fostering the development of local communities,” she stated.

The financing was made possible under the framework of Accolade’s Green Finance Framework, which aligns with the EU taxonomy and Green Loan Principles. This framework ensures that all projects adhere to strict environmental guidelines, reinforcing Accolade’s commitment to sustainability.

Elżbieta Chmielowska, Head of Real Estate Finance at BNP Paribas Bank Polska, highlighted the bank’s long-standing partnership with Accolade and their shared commitment to sustainable projects:
“We are proud to support Accolade in its latest investment. As leaders in sustainable financing, we are particularly focused on projects with high energy efficiency, and Park Szczecin VI perfectly aligns with our strategy.”

In keeping with its sustainability goals, Park Szczecin VI will pursue BREEAM certification with a target rating of “Outstanding.” The facility will incorporate advanced energy-saving technologies such as heat pumps, a recuperation system, a 1MWp photovoltaic installation, and LED lighting with DALI control. Upon completion, the building will undergo airtightness testing and thermographic assessments to confirm construction quality. Its primary energy demand is expected to be more than 80% lower than current national standards, making it the third Accolade facility in Poland to achieve such high certification, and the eighth in Europe.

The project is being developed under the BTS (Build-to-Suit) formula, tailored specifically to meet the operational needs of a leading European discount chain. Of the total 54,000 sqm, 51,000 sqm will be dedicated to warehouse space, while the remaining area will be used for offices. The facility will also exceed standard fire safety requirements due to its specialized purpose.

Accolade continues to strengthen its position as the leading investor in modern warehouse space within the West Pomeranian region, currently offering over 417,000 sqm across five parks. With a long-term goal of reaching 900,000 sqm, Accolade’s developments are set to further support regional economic growth and benefit the local community.

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