ARTICLES LABELLED WITH TAG 7R

Tomasz Mika has been appointed Chief Financial Officer, effective August 1st, by the management board of 7R. He heads the company's financial division and is responsible for finance, accounting and controlling. He will also support 7R's business development in Poland and foreign markets.

Polish developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city. It is the largest complex in the company`s portfolio with more than 213,000 sqm GLA.

Construction of the first of two warehouse buildings in 7R Park Łódź West II complex is nearing completion. The building has been leased to two tenants. MDH, a subsidiary of the Meyra Group, will soon start its operations in the location. The company produces and sells orthotic supplies for people with movement disorders. During the lease process MDH was supported by the consulting company Axi Immo. VESBO Poland, a distributor of sanitary installations and water filters, has also chosen this location in Łódź

According to a report by McKinsey & Company, the digitalisation of products and processes is one of the new standards in the global construction sector. All indications are that the construction industry is also following in its footsteps. After the leaders from the office real estate sector, other leading companies on the Polish market, this time from the residential and logistics sector, are deciding on comprehensive digitisation of administrative processes at construction sites of their investments. Cordia Polska and 7R have signed long-term cooperation agreements with BauApp, a provider of a mobile application, tailored to the specific needs of companies operating in the CEE market.

The data centre market in Poland is worth over PLN 2 billion, according to a PMR report. The number of local companies that are deciding to outsource IT services and implement cloud solutions is growing. This trend means that international technology giants and companies from the CEE region are looking to establish a presence in Poland. In response to their needs, 7R, as part of its expansion strategy, has decided to expand its offer to include data processing centers.

BentallGreenOak, a leading global real estate investment management advisor and provider of real estate services, has announced the acquisition of a logistics park comprising three well-located, high-quality warehouses in Gdańsk, Poland. This marks the firm’s first investment in the Polish market, as it continues to expand its presence across Europe.

The 7R City Park Poznań complex will house the first European plant of the Ningbo Tuopu Group, a Chinese automotive company. Tuopu cooperates with global brands from the automotive sector, such as BMW, Mercedes-Benz, Audi, Porsche, Volkswagen, Chrysler, Ford, Geely and General Motors. The Poznań factory, with an area of over 30 000 sqm, will produce components for electric cars. It will employ 450 people.

7R has acquired land for two new last mile projects in Warsaw locations. The first will be built on Osmańska Street, near Chopin Airport, and the second - on Rzeczna Street in Targówek. 

M7 Real Estate, on behalf of its M7 CEREF II Fund, acquired two urban logistics schemes from 7R. Avison Young represented the seller as the exclusive agent throughout the transaction.

In 2020, we saw a significant shift in the perception of warehouses and the role they play in the economy. Investors now see them as highly valuable assets. Tomasz Lubowiecki, President of the Board at Polish logistics developer 7R talked to Property Forum about prosperity on the warehouse market, last mile logistics and difficulties around nearshoring.