SEGRO, acting on behalf of SELP, has completed the purchase of 7R Park Wrocław in Biskupice, a warehouse project located in one of the key logistics hubs in Poland. With this acquisition, SEGRO doubles its portfolio in the Lower Silesia region.
“This transaction is in line with 7R’s strategy of developing institutional industrial schemes in strategic locations across Poland. It also illustrates the company’s intense focus on co-operating with reliable business partners in Poland. 7R is currently in the process of developing a pipeline of ca. 600,000 sqm of Class A logistics accommodation in major Polish cities and in key industrial regions in Poland”, comments Łukasz Jachna, Investment Director, Capital Markets, 7R.
The logistics park comprises 24,000 sqm of modern warehouse and manufacturing space and will be named SEGRO Industrial Park Wrocław 2. It is the second park of the developer in the region, next to SEGRO Industrial Park Wrocław 1, which offers 24,000 sqm of fully leased space with the future possibility of development of the next 10,700 sqm.
JLL was the commercial advisor for 7R during the transaction. On the legal side, 7R was advised by Wolf Theiss and SEGRO by Dentons.
