7R and EQT Exeter will build a logistics park near Prague

7R, a developer of high-quality warehouses, and EQT Exeter, a global real estate investment manager, will jointly develop a 56,000-square-meter logistics project consisting of two buildings strategically located along the D8 highway serving the Greater Prague area.

EQT EXETER PARK PRAGUE D8 LUZEC comprises two modern warehouses with floor areas of 44,000 sq m and 12,000 sq m, offering a total of 68 loading bays and a 12-meter clearance height. The buildings will be constructed in accordance with ESG best practices. Provision has been made for the installation of solar panels and heat pumps.

7R is a leading commercial real estate developer operating in Poland and the Czech Republic, specializing in high-quality, flexible warehouse solutions for lease. EQT Exeter is one of the largest real estate firms in the world, focusing on the acquisition, development, and management of logistics and residential properties in the Americas, Europe, and Asia. 7R is responsible for project design, obtaining building permits, and the development process. EQT Exeter will handle the financing, and both companies will jointly manage the leasing process.

– The speculative development is already attracting significant interest from tenants. This is 7R’s second investment in the Czech Republic, following 7R Park Lavičky near the D1 highway. By combining modern design with eco-friendly solutions, it sets a new standard for industrial spaces while reflecting the innovative and sustainable approach characteristic of 7R,” explains Chris Zeuner, Co-CEO of 7R.

The property, located north of Prague in the town of Lužec, offers convenient access to the capital as well as key Czech and international markets. It is just 25 minutes from the center of Prague and close to Dresden (101 km), Pardubice (122 km), Plzeň (125 km), Brno (238 km), and Wrocław (280 km). “The park is exceptionally well-connected, which aligns with our goal of developing high-quality logistics facilities in key locations that meet both the operational and sustainability needs of our clients,” says John Toukatly, Partner & CIO at EQT Exeter Europe.

EQT EXETER PARK PRAGUE D8 LUZEC was designed in accordance with BREEAM Excellent standards and features a range of sustainable solutions, such as energy-efficient LED lighting, electric vehicle charging stations, and biodiverse green spaces.

Cushman & Wakefield and Kinstellar advised on the 7R transaction, while Dentons advised EQT Exeter.

O 7R

7R is a leading commercial real estate developer in Poland and the Czech Republic, providing high-quality, flexible warehouse space.  The company serves 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.  Its portfolio includes large-scale logistics parks, as well as Small Business Units (SBUs) and urban warehouses known as 7R City Flex. Founded in Poland, the company has completed projects with a total area of over 1.8 million sq m to date, and approximately 2.5 million sq m of GLA is currently in development in Poland and the Czech Republic. 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

About EQT Exeter

EQT Exeter is a global real estate investment manager with nearly $30 billion in assets under management. The company specializes in the acquisition, development, leasing, and management of logistics, industrial, office, research and development, and residential properties across Europe, the Americas, and Asia. The EQT Exeter team consists of over 450 experienced professionals working in more than 50 offices worldwide, and its portfolio includes over 2,000 properties and 375 million square feet of space. For more information, visit: https://eqtexeter.com/