7R Raises PLN 150 Million Through a Green Bond Issue

7R, a developer of high-quality warehouses, has successfully completed the first phase of its green bond issuance. This marks the first step in a €100 million bond program. Initially, the company planned to raise PLN 100 million, but strong interest from institutional investors and select private investors allowed it to increase that amount to PLN 150 million.

– The strong investor interest, which exceeded the planned green bond issuance, demonstrates confidence in 7R’s solid fundamentals, our vision, our management approach, and our ability to achieve our goals. “This is an important step in the company’s development, confirming our commitment to executing our growth strategy while leveraging stable and sustainable sources of financing, ” said Chris Zeuner, Co-CEO of 7R.

The funds raised will be allocated to the construction of facilities with a total area of over 350,000 square meters in 2025. The projects will meet the rigorous environmental standards required to obtain a BREEAM certification of at least "Excellent" and will exceed local Nearly Zero Energy Building (NZEB) standards by at least 10 percent. 7R has experience in implementing such projects, as evidenced by the 7R Green Saver line. Thanks to the funds raised, the company will contribute to the achievement of the EU’s climate protection goals and the UN Sustainable Development Goals.

The bonds were issued under the 7R Green Finance Framework, which complies with the international ICMA Green Bond Principles and LMA Green Loan Principles, ensuring full transparency and financial accountability. Michael / Ström Dom Maklerski is the exclusive arranger of the issuance under the program. The bonds will be listed on the Catalyst market, further underscoring 7R’s commitment to development in line with the principles of sustainable finance.

O 7R

7R is a leading commercial real estate developer in Poland and the Czech Republic, providing high-quality, flexible warehouse space. The company works with clients across a variety of industries, offering warehouse and industrial facilities, including built-to-suit (BTS) projects. 7R’s portfolio includes large logistics parks, Small Business Units (SBUs), and 7R City Flex urban warehouses.  Founded in Poland, the company has completed projects with a total area of over 1.8 million sq m to date, and another 2.5 million sq m of GLA is in the pipeline. 7R is a trusted and financially stable partner. Commitment to ESG initiatives is an integral part of the company’s development, as evidenced by the 7R Green Saver line of low-carbon, energy-efficient buildings, which support tenants’ sustainable development goals. The company is also involved in activities benefiting local communities and adheres to the highest standards of corporate governance.  For more information, visit: www.7rsa.pl