News Article 7R investment Macquarie Poland warehouse
by Property Forum | Investment

7R has completed the sale of 7R Park Goleniów II to Macquarie Asset Management. The BTS (build-to-suit) format warehouse in Goleniów, near Szczecin, comprises of 62,500 sqm of logistics space and 3,100 sqm of office space. The facility is fully leased to FIEGE, a German mail-order retailer and global e-commerce giant. The price has not been disclosed. This is the second deal between Macquarie Asset Management and 7R closed within the last few months. In August 2022, the investor also acquired the 7R City Flex Warsaw Airport I facility.

Macquarie Asset Management is a major investor in the European real estate sector, expanding its portfolio of properties developed by 7R. It previously acquired 7R City Flex Warsaw Airport I following the sale of the urban warehouses near Wrocław, Gdańsk and Lodz in November 2021, and has recently decided to increase the total volume of investments by another A-class logistics complex in 7R Park Goleniów II.

The property is expected to be awarded an ‘Excellent’ rating under BREEAM’s sustainable building certification scheme. It is strategically located in Goleniów in the Industrial Zone adjacent to the S3 express road and, due to the extensive road infrastructure, provides great accessibility to Szczecin city centre – just 30 km away –  as well as the cargo terminal at Solidarity Szczecin Goleniów Airport. 7R previously announced that FIEGE is the main tenant of the facility. The property has been built in BTS (build-to-suit) format.

“The increasing penetration of e-commerce across the continent has enabled the logistics sector in Poland to flourish. With its strategic location close to the German border and strong transport links, we believe this property is well-placed to help respond to growing demand in the years ahead,” says Christian Goebel, Co-Head of Macquarie Asset Management’s Core/Core-Plus Real Estate strategy at Macquarie Asset Management.

“We are excited to continue our cooperation with Macquarie Asset Management. The divestment of 7R Park Goleniów II is another great example of our partnership and the best evidence of the high quality of our assets. It also proves that each of our projects stands out with great added value not only for tenants but for investors as well. Szczecin and its surroundings offer excellent exposure to regional logistics operations and e-commerce business activities. These features are highly important both for our anchor tenant and now for the new owner of the property,” says Tomasz Kostrzewa, Senior Investment Director at 7R.

50 KWp photovoltaic installation will cover the roof. The building's energy efficiency is also positively influenced by using air temperature equalization destratifiers in the hall and LED lighting through a DALI system. Outside, there will be a recreational zone for employees, flower meadows, bird and insect boxes, and charging stations for electric cars. Rainwater will be used to water the green areas.

The general contractor for the construction works is Goldbeck. 7R Architects made the conceptual design of the building. The entire investment is realized in the design-build format by Goldbeck.