7R, a Polish company specializing in providing clients with innovative and eco-friendly warehouse and production facilities, has finalized the sale of a portfolio of more than a dozen projects to the CTP Group. The portfolio includes both projects currently under construction—including those in Warsaw and Katowice—as well as others throughout Poland that are in the pre-development phase.
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7R sold a portfolio of more than a dozen projects to the CTP Group
7R, a Polish company specializing in providing clients with innovative and eco-friendly warehouse and production space, has finalized the sale of a portfolio of more than a dozen projects to the CTP Group. The portfolio includes both projects currently under construction,…
In 2021, we sold 17 projects to investment funds and international real estate companies for a total of nearly €400 million. When developing our projects, we focus on building their long-term value; that is why, in addition to prime locations, we also prioritize innovative, eco-friendly solutions and compliance with sustainability criteria. I am pleased that the CTP Group has chosen our assets to expand its logistics portfolio in Poland. This is a significant boost to our capital capacity, allowing us to actively implement the next stages of the 7R brand’s development strategy.
Tomasz Lubowiecki
CEO of 7R
CTP is the largest owner, developer, and manager of logistics and industrial real estate in continental Europe by gross leasable area, and has been listed on the Amsterdam Stock Exchange since 2021. The portfolio acquired from 7R consists mainly of big-box logistics parks in the pre-development and development phases. They are located in Central and Northern Poland, as well as in Silesia.
Since its inception, 7R has completed projects with a total area of nearly 1.5 million square meters. The developer currently has over 4 million square meters under development in various locations throughout Poland. Construction of 7R’s first international project is set to begin in the Czech Republic in the fourth quarter of this year.
White & Case served as legal counsel to the buyer in the transaction, while Linklaters served as legal counsel to the seller.