7R is selling a facility whose long-term tenant is the BWI Group – R&D Center
Polish developer 7R, in a joint venture with U.S. investment firm InSite Real Estate, has sold BWI Group’s research and development center in Balice, Poland. The property, which is nearly self-sufficient…
Polish developer 7R, in a joint venture with U.S. investment firm InSite Real Estate, has sold BWI Group’s research and development center in Balice, Poland. The property, which is nearly energy self-sufficient, has been acquired by REICO ČS LONG LEASE, a Czech investment fund managed by REICO investiční společnost České spořitelny, a.s. The transaction is valued at approximately EUR 27.3 million.
The BWI Group’s R&D center, developed by 7R in Balice, features 11,000 square meters of laboratory and office space and is BREEAM-certified at the Very Good level. It consists of two environmentally friendly, interconnected buildings constructed in 2020. The sole tenant of the property is the BWI Group, a global automotive suspension parts design and manufacturing company.
The BWI Group's research and development center is secured under a long-term lease. The acquisition marks a major milestone in the expansion of the REICO ČS LONG LEASE fund and sends a clear message to shareholders and business partners about what to expect from the fund in the future.
Tomáš Jandík
Chairman of the Board of Directors of REICO IS ČS
The asset divested by 7R is located in a prime location in the Małopolska Region, in the immediate vicinity of Kraków Airport, approximately 1 km from the A4 highway, which connects the country with Germany to the west and Ukraine to the east. The center of Kraków is approximately 20 km away and is easily accessible by various modes of transportation.
The recently sold BWI Group building is characterized by exceptional lease stability and green solutions. With this project, we demonstrate that a zero-carbon future is possible. We know that investors are seeking high-quality assets that deliver long-term returns and, crucially, meet ESG standards. This is precisely the case with BWI Group’s new headquarters in Balice. We are pleased that such a unique project will expand the portfolio of the REICO ČS LONG LEASE fund.
Łukasz Jachna
Chief Capital Markets Officer, Member of the Board at 7R
The divested facility is unique in terms of eco-friendly solutions and energy production, as it utilizes a high-tech trigeneration system. This advanced technology enables the gas turbine to generate the energy required to power, heat, cool, and ventilate the building. This is the first implementation of this type of technology in an office and laboratory facility in Poland. 7R developed this property comprehensively under a BTS (Build-to-Suit) arrangement—from land acquisition to addressing all of the tenant’s operational, technical, environmental, and staffing requirements.
In 2021, we sold 17 projects worth nearly EUR 400 million. We are proud that our construction strategy, which focuses on innovation and aligns with ESG criteria, fits well with the business models of international investors such as REICO ČS LONG LEASE.
Tomasz Kostrzewa
Senior Investment Director at 7R
The BWI Group center is not only energy self-sufficient. The building also has its own well and manages water efficiently throughout the premises. In 2020, the property won the Prime Property Prize in the Green Building category.
The buyer was represented in the transaction by White & Case, TPA, Knight Frank, and Arcadis. Baker McKenzie served as advisor to 7R and InSite Real Estate.
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…
