17 Nov 2025

Accolade Industrial Fund secures €56m five-year refinancing facility from ING

"Pérez-Llorca advised ING and CMS Albiñana & Suárez de Lezo advised Accolade Industrial Fund on a five-year €56 million refinancing arranged by ING to support growth and consolidation of industrial parks in Burgos, Valencia, Seville and Vitoria under ING’s sustainable financing framework."

Pérez-Llorca advised ING, while CMS Albiñana & Suárez de Lezo advised Accolade Industrial Fund on the transaction. Accolade Industrial Fund, a pan-European investor in industrial and logistics parks, has finalised a five-year €56 million refinancing agreement with ING. The financing is intended to drive further growth in Spain by supporting and consolidating Accolade’s industrial parks in Burgos, Valencia, Seville and Vitoria and aligns with ING’s sustainable financing framework. This milestone strengthens Accolade’s presence on the Iberian Peninsula and underscores the company’s commitment to regional industrial development. Pérez-Llorca represented ING with a team composed by: Ildefonso Arenas, Banking & Finance partner; Patricia Mateos, lawyer; and Rafaella Dalmau, lawyer. CMS Albiñana & Suárez de Lezo represented Accolade Industrial Fund with a team composed by: Banking & Finance partner Alberto Mata; associate Ariadna Sanmartin; and lawyer Sol-Cruz Conde de la Moneda.
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