7R is launching its first project in Germany. The company is developing a warehouse project in Berlin

7R City Park Berlin East – 7R’s first project on the German market

The property comprises a plot of land with an area of approximately 93,000 square meters and an existing warehouse building with an area of approximately 20,000,000 square meters. The facility is currently more than 90% leased, ensuring the asset’s stable operation right from the project’s inception. In the next phase, 7R plans to expand the complex with two buildings and an additional approximately 23,000 thousand square meters of modern warehouse and logistics space. This part of the project is scheduled for completion in 2027–2028.

– Launching our first project in Germany marks an important milestone in 7R’s development and reaffirms our consistent expansion strategy in Europe’s most dynamic and significant market. Berlin is a natural choice for this step—it is one of the continent’s most important metropolises, a strong economic hub, and a market with high demand for well-located, urban logistics space. Our advantage lies in combining development experience, investment capacity, and practical knowledge in creating modern, operationally efficient facilities for tenants from various sectors
,” said Magdalena Uler-Kłeczek, Member of the Management Board and CIO at 7R.

7R's Expansion into the German Warehouse Market

7R City Park Berlin East is part of the company’s strategy to build a portfolio of modern logistics assets in Germany’s largest metropolitan areas. The company focuses on locations in the so-called “BIG 7” cities, which include Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart, and Düsseldorf. In these centers, 7R intends to develop urban logistics formats that meet the needs of companies in the e-commerce, retail, logistics, light manufacturing, and services sectors.

The strategic location of the development in Berlin-Lichtenberg

The project is located in the Lichtenberg district, in the eastern part of Berlin, on the site of a former concrete production plant at the intersection of Bennostraße and Gehrenseestraße. This is an area with a well-established industrial and commercial character that has been undergoing a comprehensive transformation in recent years. Its location within the city limits provides access to a large consumer market, road infrastructure, and a workforce, while also enabling efficient handling of urban logistics and last-mile delivery processes.

– Germany is one of the largest and most demanding warehouse and logistics markets in Europe. Therefore, entering this market requires a very selective approach to location, product, and investment structure. Our first project in Berlin meets these criteria: it is located in a prime urban area, generates ongoing rental income, and has real potential for further development. “This is an investment model that effectively addresses the current needs of tenants and investors—it combines the security of an existing asset with the opportunity to create new value through modernization and expansion
,” commented Martin Ohly, Head of Germany at 7R.

Project financing in cooperation with PFR TFI

Financing for the investment was secured through the participation of the FIZAN Overseas Expansion Fund 2, managed by PFR TFI, 7R’s own funds, and debt financing. The total value of the investment—which includes the acquisition of the property, the modernization of the existing facility, the construction of new space, and the development of logistics infrastructure—will amount to approximately 70 million euros.

– In accordance with the structure of the investment partnership, the 2 FIZAN Foreign Expansion Fund holds a minority stake in 7R’s foreign subsidiary, and the funds raised will be allocated to the implementation of a project in Berlin. The partnership with PFR TFI strengthens the financial foundation of the investment and underscores the importance of institutional capital in the expansion of Polish companies into the most competitive European markets. “Our goal is to build a lasting presence for 7R in the German market. We want to develop projects that meet the real needs of tenants, are well-integrated into the urban fabric, and create long-term value for our capital partners—
,” said Piotr Pikiewicz, Head of Debt & Treasury at 7R.

– This project demonstrates that, as PFR, we can be a reliable and strategic partner for Polish companies. We support companies that, with a clear vision and unwavering determination, strive for dynamic growth and to scale their operations beyond Poland’s borders. This initiative is an excellent example of successful, multifaceted synergy between Polish capital and experienced investors. By developing a partnership-based model of operation within the Overseas Expansion Fund, we co-invest with entrepreneurs, providing tangible support to Polish companies as they enter new, challenging foreign markets. In this way, we contribute to building their sustainable competitiveness on a global scale
– commented Piotr Dmuchowski, CEO of PFR TFI, which manages the Foreign Expansion Fund.

Brownfield Project at the BEGEWO Industrial Site

The 7R City Park Berlin East development is part of a broader transformation of the site as part of the BEGEWO project, led by the KARL Gruppe. On the approximately 200,000 sq m site of a former concrete production plant, a new functional structure is being developed, comprising spaces for logistics, commercial activities, municipal services, and small and medium-sized enterprises. 7R’s acquisition of part of this site is part of the process of revitalizing and redeveloping existing industrial sites in accordance with the “brownfield before greenfield” principle. A key element of the project is leveraging the potential of the existing infrastructure and reducing pressure on new investment land. 7R will develop the project in phases—initially focusing on the continued management of the existing asset, ensuring business continuity for tenants, and preparing documentation and technical solutions for the planned expansion. Ultimately, the complex is intended to offer modern, flexible warehouse space tailored to the needs of companies seeking an efficient location within a large urban market.

The German warehouse market and the growing role of urban logistics

The warehouse market in Germany remains one of the key benchmarks for European logistics. In 2025, the volume of lease transactions for warehouse and logistics space in Germany reached nearly 6.1 million square meters, representing a 14% increase compared to the previous year. Major metropolitan areas play a particularly important role, as limited land availability, the growth of e-commerce, and the need to shorten supply chains are increasing the importance of urban logistics locations.

The project in Berlin is also part of a broader transformation of 7R’s business model. The company is developing expertise not only in the development of new warehouse and industrial projects, but also in the acquisition of existing assets, their modernization, commercialization, and long-term property value management.