7R sells the City Flex Last Mile Logistics building in 7R Park Łódź West II to a Macquarie-managed account
7R has sold the first phase of 7R Park Łódź West II, a prime urban logistics project located in Łódź, Poland. The property has been acquired by Macquarie Asset Management…
Lilia LaudyNovember 22, 20214-minute read
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7R has sold the first phase of 7R Park Łódź West II, a prime urban logistics project located in Łódź, Poland. The property has been acquired by Macquarie Asset Management on behalf of one of its managed accounts. This marks the investor’s sixth transaction involving the 7R City Flex Last Mile Logistics portfolio, following acquisitions near key industrial and urban centers—including Wrocław and Gdańsk—that have been completed since September of last year.
The pandemic has highlighted the vital role that the logistics real estate sector plays in supporting efficient global supply chains. As demand continues to grow for strategically located facilities with strong sustainability credentials, 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
7R and Macquarie Asset Management have completed six transactions over the past 12 months, totaling more than EUR 63 million. All of these deals involved last-mile logistics assets located in prime urban areas across Poland.
Chief Operating Officer, Vice President of the Board at 7R
Building the first last-mile logistics network in Poland, which covers all key urban locations with 7R’s urban warehouses, and partnering with Macquarie is an excellent example of collaboration between capital and development. The alignment of interests between the parties to provide high-quality products in key micro-locations—ensuring they meet high ESG standards and tenants’ expectations—is always a great strategy to implement. We look forward to delivering 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 pleased to once again contribute to the expansion of Macquarie’s logistics portfolio with another project. We have found Macquarie to be an excellent partner, one that closely monitors every stage of the transaction process and is committed to working with us to build 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
The developer and the investor began working together back in 2019, pursuing deals for big-box facilities in Kraków and Poland’s Pomerania region.
Over the past two-and-a-half years, 7R has sold 26 warehouse, logistics, and industrial projects worth nearly EUR 400 million. In the next six months, the company plans to sell additional assets worth more than EUR 200 million.
Macquarie Asset Management is a major investor in the European real estate sector, with a 480,000-square-meter portfolio of logistics properties in Poland.
During the sales process, 7R was advised by Wolf Theiss, while Macquarie Asset Management was advised by Dentons, CBRE, and Sentient.
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Lilia Laudy
Marketing & Digital Manager
Lilianna Laudy serves as Digital & Marketing Manager at 7R SA, where she is responsible for developing digital and marketing initiatives that support brand visibility and online communication…