7R successfully places PLN 52 million Series D bond issue
Warsaw, 31 March 2026 – 7R has successfully completed the issuance of Series D bonds with an aggregate nominal value of PLN 52 million. The bonds were issued for a term of three years and bear interest at WIBOR 6M + 4.25%. The offering was subscribed by institutional investors as well as selected high-net-worth individual investors.
The proceeds from the issuance will be used to further expand 7R’s warehouse portfolio.
The terms of the issuance reflect the capital market’s growing confidence in 7R and the continued improvement in the company’s perceived credit risk profile. The margin on the Series D bonds was set at 4.25%, compared with 4.80% in previous PLN-denominated issuances, and significantly below the 5.5% achieved in the EUR-denominated issuance. The lower cost of funding enhances 7R’s capital-raising efficiency and creates additional headroom for further business expansion.
“The ability to secure financing on increasingly favourable terms is a direct result of the consistent execution of our financial strategy and the strengthening of the 7R Group’s credit profile,” said Tomasz Mika, Board Member and CFO of 7R. “The lower cost of debt improves the efficiency of capital allocation and provides us with greater flexibility to continue scaling the business. The Series D bond issuance strengthens 7R’s funding structure and supports the long-term development of our warehouse portfolio in Poland, the Czech Republic and Germany, where we plan to build an on-balance-sheet portfolio of 800,000 m2 over the next several years.”
The bond placement also coincides with positive market news regarding demand for warehouse space, which reached 6.8 million sqm last year, marking the second-highest result in history, surpassed only by the record performance recorded in 2021. The continued compression of vacancy rates across existing stock is translating into increasing occupier demand for new developments, both in core logistics hubs and in emerging submarkets, further supporting the sector’s strong investment case.
Piotr Pikiewicz, Head of Debt & Treasury at 7R, added: “We would like to thank our investors for the confidence they have placed in 7R in a demanding and volatile market environment. The successful issuance and the meaningful margin compression confirm growing investor interest in our credit profile and the quality of our assets. This is a clear signal that the capital market views 7R’s financial stability and the long-term potential of our business positively.”
About 7R
7R is a well-established developer of commercial real estate operating in Poland and Czechia, specializing in high-quality, flexible warehouse solutions for lease. Serving a range of industries, 7R leverages its deep expertise to offer warehouse and industrial facilities, including tailored built-to-suit (BTS) projects. Originally founded in Poland, the company’s portfolio spans large-scale logistics parks, small business units (SBUs), and 7R City Flex urban warehouses. With a track record of over 1.8 million sq. m. in completed projects and an additional 2.5 million sq. m. GLA in progress across Poland and Czechia, 7R is positioned as a trusted, financially robust partner. Environmental, Social, and Governance (ESG) initiatives are fundamental to 7R’s approach, highlighted by the 7R Green Saver building standard that boosts energy efficiency and supports tenants in achieving sustainability goals. The Company is also committed to community engagement and upholding the highest standards of corporate governance.
For more information, visit www.7rsa.pl
