Savills Investment Management has completed the acquisition of logistics assets in Poland from 7R on behalf of Vestas Investment Management. The 7R Park Beskid II complex is located in one of Europe’s largest automotive manufacturing clusters and distribution hubs. The total value of the transaction exceeds €101 million.
Savills Investment Management (“Savills IM”), an international investment manager, announced the acquisition of 7R Park Beskid II. The large-scale logistics facility in Czechowice-Dziedzice was purchased from the Polish developer 7R and VRE on behalf of Vestas Investment Management (“Vestas”). The transaction will be completed in three stages, with the final stage set to be completed in March 2022. Financing was provided by Bayerische Landesbank (BayernLB). The transaction increases the value of Vestas’ assets in Europe to €1.4 billion, comprising 15 office and logistics properties.
7R Park Beskid II is located in the Silesia region, which has become one of the largest clusters of manufacturing facilities for the automotive industry and distribution centers on the Old Continent. The region is a well-developed cross-border hub, facilitating transport links with the Czech Republic and Slovakia. The 7R Park Beskid II property itself is strategically located—directly on National Road No. 1, which connects it to the A4 highway, the most important transportation corridor in southern Poland.
The developer 7R has delivered a logistics complex with a total area of approximately 90,000 square meters, consisting of five buildings and offering warehouse and production space for multiple tenants. Four of them have standard specifications, while one is a BTS (Build-to-Suit) facility built for a joint venture between Valeo and Siemens. It was designed for the development and production of innovative powertrain components for electric vehicles. 7R Park Beskid II holds a BREEAM certification at the Very Good level.
Savills IM was advised on the transaction by Dentons, Arcadis, and Cushman & Wakefield. 7R and VRE were advised by Baker McKenzie and JLL.
