News Article 7R financing Katowice logistics Poland warehouse
by Property Forum | Industrial

7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of €15.5 million was provided by mBank.

7R City Flex Katowice I is a  city warehouse with a total usable area of approximately 22,300 sqm. The warehouse space comprises approx. 20.6 thousand sqm and the office part comprises nearly 1 thousand sqm.

 7R has secured a development loan for the project to finance and refinance construction costs. The financing was provided by mBank. The loan was €15.5 million; in addition, the bank will finance VAT in the amount of PLN 15 million.

“The development loan will optimise investment costs. We are pleased that once again we can cooperate with mBank. We hope that this is another step in building long-term cooperation between 7R and mBank”, says Łukasz Kopeć, Project Finance Manager. 

7R City Flex Katowice I is located in the centre of the Upper Silesian Conurbation, close to key roads and the Katowice airport. It provides tenants with excellent transport connectivity, which contributes to the high efficiency of logistics operations. 

Warehouse space at 7R City Flex Katowice I have already been rented by companies such as Iglotech, a renowned distributor of air conditioning, ventilation, heat pump, and refrigeration solutions, and JAS-FBG, a leading logistics operator.

“7R City Flex Katowice I offer modern warehouse space dedicated to companies looking for perfectly communicated facilities, located near large urban areas”, adds Joanna Ociepka-Wojciechowska, Regional Leasing Director at 7R.

7R City Flex Katowice I have environmentally friendly solutions; energy-efficient LED lamps, destratification, photovoltaic panels, and perlators, which reduce water consumption. The area of the project has been equipped with a relaxation zone for employees. The general contractor was Atlas Ward Polska.