7R has sold logistics facilities totaling 212,500 square meters across five Polish cities to the Czech Republic’s Investika Real Estate Fund, acting jointly with its joint-venture partner, BUD Holdings, in what 7R describes as the largest transaction on the logistic market in Poland in the past two years, and the second largest in Central Europe.
The sale involved the 7R City Flex Krakow Airport I, 7R City Park Gdansk Airport I, 7R Park Poznań West I, 7R Park Bydgoszcz I, and 7R Park Kielce logistics and warehouses. According to 7R, the facilities currently host nearly thirty tenants from the logistics, food, and fashion industries, including brands such as MyBOX, ROHLIG SUUS Logistics, LIDL and Odyssey.
“The sale of our five high-quality logistics properties for over 150 million euros represents not only one of the most significant transactions in recent years but also a strategic milestone in 7R’s growth journey,” explained 7R Co-CEO Chris Zeuner. “Thanks to our collaboration with Investika … we have gained the opportunity to focus on new projects and drive innovative solutions in the warehouse sector. Our storage and manufacturing properties continue to attract strong interest from tenants and investors alike who recognize their long-term value.”
“This landmark transaction signals a clear market revival we’ve all been anticipating,” added Magdalena Uler-Kłeczek, Head of Capital Markets at 7R. “It validates our strategy that premium quality assets will always attract capital, even in challenging markets. The strong investor interest we’ve seen underscores the enduring value of exceptional logistics developments, and we expect this momentum to accelerate through 2025.”
“Investika Real Estate Fund has been successfully operating on the Polish real estate market as an investor since 2021 and I am delighted that – thanks to this acquisition – we have further strengthened our position in the largest and most robust market in Central and Eastern Europe,” said Petr Cízek, Chairman of the Board of Directors of Investika, which manages the open-ended Investika Real Estate Fund. “The portfolio of give logistics parks we’ve acquired from 7R comprises of high-quality industrial properties, fully leased to well-known tenants from production, logistics, retail and e-commerce sectors. This acquisition will contribute to sectoral rebalancing of Investika Real Estate Fund´s portfolio and achieving its long-term target return of 4 – 6 % p.a. for our investors.”
“Alongside our existing investments, primarily in office buildings, we have decided to focus on the logistics sector as well,” added Paolo Panico, Director of BUD Holdings. “We believe in the future value growth of this type of real estate, particularly when it comes to such a high-quality product as the portfolio from 7R undoubtedly represents.”
