Nrep acquires an 80 percent stake in 7R SA, one of Poland’s largest logistics developers. Nrep invests approximately EUR 200 million into the company.
7R is a dynamically growing developer headquartered in Poland. It operates in the commercial real estate market, providing A-class warehouses for rent. 7R offers a full cross section of space, including big box facilities as well as Build-to-Suit and urban warehouses. Its portfolio comprises 36 assets, with the area of 1.8 million sqm. It also has a strong development pipeline of 2.3 million sqm.
With the investment, 7R will accelerate its growth, and Nrep will gain a strong logistics platform in Poland, expanding its logistics portfolio to 4.2 million sqm across six countries.
Linklaters has advised Nrep in the acquisition.