Developer 7R and global real estate investment manager EQT Exeter will jointly develop a two-building, 56,000-square-meter logistics scheme located along the D8 Motorway servicing Greater Prague.
EQT Exeter Park Prague D8 Luzec features two modern warehouses — one covering 44,000 square meters and one 12,000 square meters — offering 68 docks in total and 12 meters of clear height. The project was sourced, permitted, and will be developed by 7R. It will be funded by EQT Exeter, with both groups jointly managing the leasing.
“The project, executed on a speculative basis and already attracting significant tenant interest, is 7R’s second venture in Czechia, following the 7R Park Lavicky D1 Highway,” said Chris Zeuner, Co-CEO, 7R. “With its blend of cutting-edge design and eco-friendly solutions, it sets a new standard for industrial spaces, embodying the innovative and sustainable approach typical of 7R.”
7R was advised by Cushman & Wakefield and the Kinstellar law firm on the deal, and EQT Exeter was advised by the Dentons law firm.