7R, a developer specialising in high-quality warehouses, finalised the sale of 7R Park Szczecin and 7R Park Łódź West II. The new owner of the properties became P3 Logistic Parks.
We are happy to establish cooperation with such a recognized investor as P3 Logistic Parks. The sale of the facilities in Łódź and Szczecin is one of the largest transactions on the Polish market since the beginning of the year. It confirms the investors' unwavering interest in high-quality assets and liquidity in the logistics real estate segment despite the demanding economic environment. The sold parks are distinguished by their urban location and high quality, thus combining key aspects from the point of view of the tenants and the investor.
Jakub Budych, Senior Transaction Manager, Capital Markets at 7R
We are continuing our strategy of diversifying our properties in all of Poland’s key markets, in order to respond quickly to our customers’ needs. The asset in Szczecin strengthens our position in the north of the country, where before now we were present in Gdańsk. Meanwhile, the purchase in Łódź is a perfect complement to our portfolio, not only in that city, but also more broadly in central Poland.
Bartłomiej Hofman, Managing Director of P3 Logistic Parks Poland
Transaction with P3 Logistic Parks is another deal with a leading international investor concerning the sale of high-end logistics assets we have recently concluded. I am convinced that both 7R Park Szczecin and 7R Park Łódź West II will significantly enrich the portfolio of the new owner. Warehouses developed by 7R are high-quality facilities that meet the high expectations of tenants and investors. Magdalena Uler-Kłeczek, Senior Capital Markets Director at 7R
Magdalena Uler-Kłeczek, Senior Capital Markets Director at 7R