Developer 7R is reporting that its land bank grew by two million square meters in 2024.
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.”