
Accolade expands into South Bohemia. Accolade buys GARBE Park České Budějovice for more than CZK 2.5 billion
Accolade Group is expanding into South Bohemia. It has purchased the GARBE Park České Budějovice project from GARBE Industrial Real Estate (GARBE) - the first completed and fully leased Hall 4, the new Hall 5 recently handed over to the tenant, and the prepared land for future construction on the site. This will be provided by a joint venture between Accolade and GARBE. The total volume of the transaction exceeded EUR 100 million, i.e. nearly CZK 2.5 billion. It is one of the largest transactions on the commercial real estate market this year and ranks second in the industrial real estate segment.