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    NEPI Rockcastle and NE Property Secure Revolving Credit Facilities Totaling EUR 290 Million

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    Investors Create New Joint Venture from Assets of European Outlet Mall Fund

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    DL Invest Group Raises EUR 350 Million in Eurobond Debut

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    Park Lane Developments Acquires Land for Development of Varna Retail Park

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Home News Deals Acquisition

7R Expanded Land Bank by Two Million Square Meters in 2024

David Stuckey by David Stuckey
December 9, 2024
Reading Time:1 min read
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7R Expanded Land Bank by Two Million Square Meters in 2024
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Developer 7R is reporting that its land bank grew by two million square meters in 2024.

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According to 7R, the company “consistently and actively expands its land bank, strengthening its market position. This strategic move aims to enhance the company’s ability to meet the growing demand for modern, low-emission warehouse and production spaces across various regions of Poland. The newly acquired two million square meters of land allow for investments totaling approximately one million GLA.”

?This year alone, we secured over two million square meters of new land in prime locations,” said Michal Bialas, co-CEO at 7R. “We anticipate a market revival, which motivates us to rapidly expand our land resources. Our goal is to offer our clients certainty and security despite increasing challenges stemming from the shrinking availability of well-located plots. That’s why we are fully committed to preparing land that provides our clients with choices aligned with their needs and expectations. Flexibility in delivering warehouse solutions is one of the pillars of our long-term partnerships with clients.”

“We are currently preparing new investments in Western and Southern Poland, but we remain interested in land across all key markets, with a particular focus on Silesia and the central part of the country,” added Filip Piekarski, Head of Business Development at 7R. “The choice of locations is always tailored to our clients’ expectations, considering factors such as the potential of emerging markets, proximity to major urban centers, and access to airports and seaports. We are flexible and open to various opportunities, which is why we carefully analyze all interesting land acquisition offers.”

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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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Recent Posts

  • Ilona Safer Appointed New Head of Poland at Savills Investment Management
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  • Alexandra Ivancia Becomes Head of Legal at CTP Romania
  • Investika Real Estate Fund Acquires CAE Aviation Training Centre from Propel Industrial Holding
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