ARTICLES LABELLED WITH TAG 7R

Industrial developer 7R has started the construction of a new last-mile logistics facility in Poznan. 

Michał Białas, the current Chief Business Development Officer and member of 7R's Board of Directors and Chris Zeuner, the current Chief Investment Officer assumed the positions of co-CEO on 19th June 2024. They replace Tomasz Lubowiecki, founder and current CEO of 7R. The new CEOs will manage in a partnership model, focusing on different business areas in line with their experience.

At 7R Park Gdańsk IV, which spans 42,000 square meters, Mercator Medical S.A will open its first dedicated distribution centre covering 13,000 square meters. The warehouse park is a part or the portfolio of 7R. 

Having secured the necessary building permit, the 7R Group is set to launch its first warehouse development in the Czech Republic. 7R Park Lavičky D1 Highway is strategically located along the Prague-Brno connecting road.

Construction is underway for 7R's inaugural Green Saver product in Kąty Wrocławskie, Poland, aimed at reducing both CO2 emissions and operating costs. 7R Park Wrocław West II has just secured a total of PLN 87 million (€20.3 million) in financing from Bank Pekao S.A.

7R will introduce a battery energy storage unit at 7R Park Wrocław West II. This innovative solution is unprecedented in facilities of this type. It will allow for storing the energy and, consequently, a significant reducing of the carbon footprint.

7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of €15.5 million was provided by mBank.

7R is launching its next project in Pomerania. Construction of 7R Park Gdańsk III in Barniewice has just started. Complex SAD has become the first tenant. The company was represented in the negotiations by Newmark Polska consultants.

Polish warehouse developer 7R is implementing a decarbonization plan. This plan aims to reduce the company's carbon footprint by 42% by 2030 and systematically decarbonize individual warehouse projects. At the same time, 7R is joining SBTi and publishing another ESG report.

7R has fully leased 7R Park Wrocław West II for Yusen Logistics. The tenant will occupy nearly 43,000 sqm in the facility. This is one of the largest leases this year.