7R, a Polish headquartered company specializing in providing customers with innovative and eco-friendly warehouse and logistics space, in joint venture partnership with MFC Real Estate and DIL Polska Baumanagement, has finalized the sale of 7R City Flex Warsaw Airport I to Macquarie Asset Management. Strategically located within the city area, the facility includes three buildings comprising 15,900 sqm, and is fully leased. The value of the transaction is approx. €29 million. This is another transaction between Macquarie Asset Management and 7R. In November 2021, the investor also acquired urban warehouses near Wrocław, Gdańsk, and Lodz.
The Polish logistics sector has demonstrated consistent growth in recent years as the demand of e-commerce continues to accelerate. With its strategic location and technically advanced facilities, this investment provides an exciting opportunity to capitalise on the strong demand for logistics in the region whilst deepening our partnership with 7R.
Florian Winkle, Co-Head of Macquarie Asset Management’s Core/Core-Plus Real Estate strategy
7R City Flex Warsaw Airport I is already fully-leased to tenants representing such industries as pharmaceuticals, engineering, logistics, and home improvement. Moreover, Avenger Flight Group runs there the first training centre for commercial aviation in Poland.
7R City Flex Warsaw Airport I is a state-of-the-art logistics complex that offers a perfect match between quality and access to the key infrastructure that helps businesses to grow. These features are highly valued by the tenants who recognise the facility as the perfect place to move their logistics operations, and I’m certain that Macquarie and its investors will also benefit from this great advantage.
Łukasz Jachna, Chief Capital Markets Officer at 7R
The efficiency of 7R City Flex Warsaw Airport I is greatly supported by modern solutions which have been applied across the property. These include LED lighting, additional natural lighting of the loading dock areas, skylights and smoke dampers, gas radiators and a sprinkler system. In order to reduce heat loss throughout the roof of 10 meters high buildings, the facility was also equipped with destratification units which help equalize air temperature. The complex is also BREEAM certified, which means that it represents the idea of sustainable industrial construction and reflects key assumptions of 7R’s development strategy.
When launching each of our projects, one of the priorities is to apply innovative and environmental solutions that respond to sustainable development criteria. On the one hand, we see that such an approach is currently highly desired by companies seeking modern logistics space, while on the other, we strongly believe that in the long run, it will also boost the value of new industrial properties.
Tomasz Kostrzewa, Investment Director at 7R
We are very happy to have concluded this successful joint venture with 7R and DIL Polska Baumanagement and are convinced that Macquarie has acquired a very attractive logistics development.
Jan Schwarz, Managing Director of MFC Real Estate
During the sales process, the legal services were rendered by GT law firm.
Communications Manager 7R
Head of Marketing & Communications 7R