7R invests in last mile in Gdynia

02
Dec
2020
News - 7R invests in last mile in Gdynia #7R #City Flex #Gdynia #logistics #Poland #warehouse

by Property Forum | Industrial

7R has just started building a last mile urban warehouse in Gdynia, expanding its 7R City Flex network. It will be the first logistics facility in Gdynia to be built in the direct vicinity of the port and close to the city center.


Over the last nine years, the volume of transshipments in the port of Gdynia has increased by 63%, which means that its development pace is currently outstripping the economic growth of Poland within this period. From January to October this year, over 20 million tons of goods were transshipped through Gdynia. The developer, 7R, has just started building a last mile urban warehouse in Gdynia, expanding its 7R City Flex network. It will be the first logistics facility in Gdynia to be built in the direct vicinity of the port and close to the city center. This is a strategic location due to the growing importance of sea and intermodal transport in supply chains, which are developing despite the pandemic and the ensuing economic disruption.

7R is strengthening its position in Pomerania by adding over 14,000 sqm of modern warehouse space to its investment portfolio with its 7R City Flex project in Gdynia. The proximity of the port of Gdynia, which is considered to be ‘the Pearl of the Polish Economy’ and an intra-European logistics center, is its key asset. The building is scheduled to be commissioned in mid-2021.

"In recent years, the market of existing warehouse and logistics space in the Tri-City agglomeration has grown over tenfold. The 7R City Flex Gdynia investment is part of this trend, introducing a new quality project to the area dubbed the Logistics Valley. The new warehouse under construction will have a positive impact on the surroundings and will create new opportunities and solutions for other sectors of Gdynia's economy, in particular for the TSL industry whose development is on an upward curve. 7R’s investment will, of course, also create new jobs", says Katarzyna Gruszecka-Spychała, Vice-President of the City of Gdynia.

Northern Poland is a strategic area for 7R. The company built its first warehouse in the region and is successfully developing a network of big box facilities, as well as 7R City Flex Last Mile Logistics urban warehouses. 7R has continued its expansion into coastal destinations, which have access to ports and intermodal transport.

"I am glad that we are so active in Pomerania this year. Recently we won a tender for the purchase of 20 hectares of land in Gdansk, in the immediate vicinity of the largest deepwater terminal in the Baltic Sea - DCT Gdansk. We are currently starting the construction of a strategic investment, an urban warehouse, which is in response to growing market demands. Our City Flex facility will be the first warehouse on the logistics map of Gdynia, which is located so close to the port and city center. Apart from the facility’s storage function, it will provide the possibility of establishing a production line there. The project will be built according to the highest standards of sustainable construction. The process of its commercialization is already in progress", says Maciej Krawiecki, Head of Leasing in 7R.

The general contractor of 7R City Flex Gdynia is Dekpol. This is yet another joint project involving 7R and Dekpol. So far, the companies have delivered modern logistic and industrial facilities in Gdansk, Krakow, Sosnowiec and Tczew.

Tri-City is defined as an emerging market, the seventh largest in terms of warehouse saturation, with very high potential for further development. The region is undergoing a transformation from a local logistics center to an important national center thanks to the expansion of the ports and road infrastructure. Access to the A1 freeway, connecting the North and South of Poland, as well as the S7 expressway to Warsaw and Kraków, has made Pomerania a significant destination on Poland’s warehousing and logistics map. The expansion of ports and the growing importance of e-commerce are two other factors contributing to the success of Pomerania in the TSL industry.

The 7R City Flex Gdynia facility was designed by the developer's in-house architecture department. The investment is planned in such a way that vehicles leaving for Szczecin have a direct connection with the Tri-City ring road, which is important for tenants planning to develop their logistics activities in the north of the country.

 




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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