Patron Capital and 7R have sold a warehouse development in Goleniów
Patron Capital, a pan-European institutional investor focused on real estate investments, in partnership with 7R, a developer specializing in the construction of high-quality warehouses, announced the sale of a warehouse project with…
Izabela TrancygierFebruary 6, 20233-minute read
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Patron Capital, a pan-European institutional investor focused on real estate investments, in partnership with 7R, a developer specializing in the construction of high-quality warehouses, announced the sale of a warehouse project with an area of nearly 30,000 square meters in Goleniów to an institutional investor. The transaction value was approximately €22 million.
The warehouse that is the subject of the transaction was built for the Hultafors Group in 2021 on a “build-to-suit” basis through a joint venture between 7R and Patron Capital. It is a modern, environmentally friendly Class A facility located near the Polish-German border in Goleniów, near Szczecin, Poland’s seventh-largest city.
The warehouse for the Hultafors Group is a technologically advanced facility equipped with the AutoStore system. The building is powered, in part, by solar panels. It also features charging stations for electric vehicles. The building has received a BREEAM environmental certification at the “Very Good” level.
The completion of this transaction demonstrates that, despite the economic uncertainty we have seen over the past 12 months, investor appetite for modern, well-located, energy-efficient European logistics assets remains strong. Our experienced team, guided by a responsible investment approach and creativity, played a key role in the success of this asset. We will continue these efforts with new and existing projects, constantly working to deliver value for our investors in 2023 and beyond.
Wiktor Lesiński
Investment Director at Patron Capital
We are seeing significant interest from funds in high-quality projects that offer eco-friendly solutions. The warehouse in Goleniów is a special project for us: a technologically advanced, environmentally friendly, top-tier facility built to meet the tenant’s specific needs. We are pleased that, together with our partner Patron Capital, we were able to offer the buyer a property that meets the highest market standards.
Katarzyna Laszkowska
Private Debt Director in the Capital Markets Department at 7R
About Patron Capital
PartnersPatron Capital Partners has approximately €5 billion in capital raised across several funds and related investments. Patron invests in real estate, business entities whose value is primarily based on real estate assets, and debt and credit-related ventures.
Since its inception in 1999, Patron has completed over 200 transactions involving more than 100 investments and projects, with a total area of over 9 million square meters across 17 countries. Many of these investments have already been completed.
Investors include real estate funds, renowned universities, institutions, private foundations, and high-net-worth individuals from North America, Europe, Asia, and the Middle East. The Funds’ primary investment advisor is Patron Capital Advisers LLP, based in London. Patron also has offices in Europe, including Barcelona and Luxembourg. The organization consists of a 66-person in-house team, comprising a 29-person investment team and 10 senior partners, supported by a team of 27 professionals with expertise in legal, tax, financial, structuring, and administrative matters.
For more information about Patron Capital, visit www.patroncapital.com
Media contact: James Carnegie +44 (0)7827 486224 SEC Newgate: [email protected]
O 7R
7R SA is a rapidly growing real estate developer operating in the commercial real estate market, specializing in the provision of modern warehouse and manufacturing space for lease. The company develops both multi-tenant warehouse and industrial centers as well as BTS facilities. 7R’s portfolio includes large-scale logistics parks and urban Small Business Unit warehouses that form the 7R City Flex Last Mile Logistics network. To date, the company has completed projects with a total area of over 1.5 million square meters, while over 4 million square meters are in the pipeline across various locations throughout Poland. The developer is committed to ESG initiatives, focusing on the environment, local communities, and corporate governance.
Izabela Trancygier serves as Head of the Central-South Region at 7R and is responsible for the company’s business development in the Central-South region. She oversees the leasing and development divisions,…
