Accolade secures €24m financing for Polish logistics park

Accolade has obtained a €24 mln development loan from Bank Pekao to finance its Białystok III project in Eastern Poland. 

Bialystok - Accolade

This funding will support the construction of a 34,000 m2 modern warehouse facility, with 66% of the space already pre-leased.
Białystok III is one of five new developments Accolade is launching in the latter half of 2025. This will be Accolade's third logistics park in the Białystok area, increasing its total footprint there to over 110,000 m2. The project is expected to be finished in the first half of 2026 and has already attracted tenants from the e-commerce, retail, and logistics sectors.
This investment in Choroszcz will further enhance Białystok's status as a key regional logistics centre. It will provide more modern industrial space for expanding companies, create jobs, and stimulate local economic growth. 
Jakub Leszczyński, transaction director at Accolade Poland, said: “Białystok is one of the fastest-growing logistics markets in Eastern Poland, and the park in Choroszcz is another step in building our long-term strategy for this region. Securing financing from Bank Pekao confirms the stability of the project and the trust financial institutions place in our strategy of investing in smaller but high-potential markets. We are pleased that such a large portion of the space has already been leased during construction - it’s a strong signal for the market.” 
Adam Łuciuk, head of Commercial Real Estate Financing at Bank Pekao, added: „Bank Pekao actively supports the development of modern warehouse and logistics infrastructure in Poland, financing strategic projects in key regional markets. The loan for the Białystok III investment is another example of our commitment to creating innovative business spaces that foster economic growth and strengthen regional competitiveness.” 
The Białystok III project is one piece of a larger investment strategy by Accolade, which involves developing five new facilities in regional cities. These projects are all slated for completion by mid-2026 and will collectively add almost 100,000 m2 of new industrial space to the market.