ARTICLES LABELLED WITH TAG 7R

7R has finalized the divestment of 7R Park Kraków IX logistics building to Generali Real Estate. The 33 000 sqm warehouse, commissioned for use in the middle of the year, is fully leased and BREEAM-certified at the Very Good level. This is the second transaction between Generali and 7R in 2021 following Generali Real Estate’s acquisition of 7R Park Gdańsk II warehouse complex in Kowale, in September 2021. The price has not been disclosed. 

Valeo Siemens eAutomotive, a supplier of motors and other technologies for electric and hybrid vehicles, has opened a factory in the 7R Park Beskid II logistics park in Czechowice-Dziedzice, Poland. The facility, with office and laboratory space, occupies about 33,000 sqm.

Spiżarnia, a distributor of Polish food to Western European countries, has chosen 7R Park Lublin to locate its new warehouse and offices. The company will occupy one of the five buildings at the planned logistics park. The facility for Spiżarnia, with an area of nearly 22,000 sqm, was developed in the BTS formula and houses three cold stores. The building will be completed in December 2021.

Macquarie Asset Management has continued to expand its presence in the logistics real estate sector by acquiring a portfolio of CityFlex properties in Poland from 7R for more than €63 million on behalf of one of its managed accounts. 

7R has started the construction of its first warehouse complex in the Kujawsko-Pomorskie voivodship. 7R will build two facilities in the 68,700 sqm 7R Park Bydgoszcz. The investment is already partially commercialized. Among the tenants are logistics operator Rohlig Suus Logistics and supermarket chain Stokrotka.

The non-residential green building market is projected to grow by 9% a year from $69.01 billion in 2021 to $110.52 billion in 2025. How does the warehouse industry deal with social and environmental challenges? Will Poland, as the second most active development market in Europe, become a leader in decarbonization?

CBRE Investment Management, on behalf of one of its Pan-European funds, has completed the off-market acquisition of a fully-let portfolio of logistics assets in Poland, from 7R SA. Comprising a total of 44,844 sqm, the portfolio consists of 7R Park Poznań East and 7R Park Sosnowiec.

Due to the expansion of 7R's development business, the company's board has appointed Bartlomiej Krawiecki as Vice-Chairman of the Management Board and Chief Operating Officer (COO). In his new role, effective from September 2021, Bartłomiej Krawiecki is responsible for implementing 7R's development strategy in Poland and foreign markets. Łukasz Jachna also joins the company's management board, and from October this year, will be Chief Capital Markets Officer.

Martes Sport, a chain of large-format sports stores which was founded in Bielsko-Biała, is expanding its warehouse facilities with a lease agreement for space in Czechowice-Dziedzice, Poland. Due to development of its operations, especially in e-commerce, the company will occupy more than 21,000 sqm of warehouse space, as well as an office of approximately 1,000 sqm in 7R BTS Beskid III. The company’s new location will be operational in the second half of 2022.

Italian asset and fund manager Generali Real Estate has acquired 7R Park Gdańsk II in Gdańsk-Kowale on behalf of its pan-European Generali Real Estate Logistics Fund (GRELF) from Polish industrial developer 7R for an undisclosed sum.