7R sells City Flex Last Mile Logistics building in 7R Park Łódź West II to Macquarie managed account

The pandemic has shone a spotlight on the vital role the logistics real estate sector plays in underpinning efficient global supply chains. As the demand for strategically located facilities with strong sustainability credentials continues to grow, we are delighted to continue our partnership with 7R in Poland and to secure this high-quality portfolio.

Dana Gibson

Co-Head of Macquarie Asset Management’s Real Estate team in Europe

Since 2018, we observed growing demand for small business unitSmall Business Unit (SBU)Small Business Unit (SBU) to elastyczny moduł magazynowy o mniejszym metrażu (zwykle od 300 do 1500 m²), połączony z wysokiej klasy powierzchnią biurową lub reprezentacyjnym showroomem. Obiekty SBU są zazwyczaj zlokalizowane w granicach dużych miast, stanowiąc idealne rozwiązanie dla logistyki ostatniej mili, e-commerce oraz MŚP.Czytaj pełną definicję → type of facilities, from both investors and tenants. Development of 7R City Flex Last Mile Logistics is the answer for that demand and one of ways to diversify our portfolio. Due to the demand and the size of markets, City Flex projects were initially built in larger cities, while today, medium-sized cities are ready for this type of investment. This part of the market is growing and unlike standard 'big box’ warehouses, last-mile facilities may consist of warehouse and office space, showrooms, retail, and e-commerce premises, which diverisifies our tenants base. SBU’s share in warehouses market in Poland reached 8%. We will continue to invest in 7R City Flex business line, and look for opportunities in other sectors.

Bartłomiej Krawiecki

Chief Operating Officer, Vice President of the Board at 7R

Building the first last mile logistics network in Poland, which covers all key city locations with 7R’s urban warehouses, and partnering with Macquarie is an excellent example of cooperation between capital and development. The alignment of interest between the parties to provide high-quality products in key micro-locations, ensuring they are in line with high ESG standards and meet the expectations of tenants, is always a great strategy to execute. We’re looking to provide more high-end products together with our partner in the near future.

Łukasz Jachna

Chief Capital Markets Officer, Member of the Board at 7R

We are very happy to be able to once again contribute to the expansion of Macquarie’s logistics portfolio with another project. We have found Macquarie to be a great partner, who closely monitors every stage of the transaction process and is committed to cooperating with us in the creation of a strong, long-term business partnership. The sale of the 7R City Flex building, part of the 7R Łódź West II complex, is another example of our seamless cooperation.

Tomasz Kostrzewa

Investment Director at 7R