Our inaugural project in the Czech Republic, marks a significant milestone following years of exponential growth in Poland. We have just obtained a building permit for the first facility. In Poland, we have completed more than 100 facilities with a total area of 1.8 million sqm. We have developed an accomplished product, gained great experience at each stage of the development process and today we are ready to enter a new market.
- said Tomasz Lubowiecki, CEO and Founder of 7R Group
We like the Czech market as it offers new growth opportunities for 7R, and is characterised by tight supply and strong investor and tenant demand. A significant advantage of this project lies in its prime location, situated adjacent to the D1 highway and merely 50 kilometres from Brno, with Prague a convenient 135 kilometres away. Combined with attractive design and pro-environmental solutions, it represents everything that demonstrates the high quality of 7R's products. I am convinced that it will meet the interest of prospective tenants in the Czech market. At the same time, we actively seeking to acquire and here and expanding our operations in Czech.
- added Chris Zeuner, 7R CIO and responsible for Group’s development in the Czechia.
ABOUT 7R
7R is a fast-growing, Poland-based developer of commercial real estate, offering Class A warehouses for lease. The company serves a variety of industries, offering warehouse and industrial facilities, including built-to-suit (BTS) projects. Its portfolio includes large-scale logistics parks, as well as small business units (SBUs) and urban warehouses known as 7R City Flex. To date, the company has completed projects totaling more than 1.8 million sq. m. and has about 2.3 million sq. m. in the pipeline. GLA in Poland and the Czech Republic. Demonstrating its commitment to sustainability, 7R engages in ESG activities, taking care of the environment, local communities and corporate governance. For more information, visit www.7rsa.pl