M7 Real Estate, on behalf of its M7 CEREF II Fund, acquired two urban logistics schemes (“DUO” portfolio) from 7R. The portfolio consists of two warehouse buildings located in Siemianowice Slaskie and Sosnowiec in the Upper Silesia Region – the biggest agglomeration in Poland. DUO portfolio is exceeding 22,500 sqm GLA in total.
Property in Siemianowice, built in 2018, is a class A warehouse located next to the national road no. 94 in the area of Siemianowice Business Park, with a perfect access to the A1 motorway and the S86 and S1 expressways ensuring convenient communication in the Upper Silesia region. An additional advantage of the location is the vicinity of the centre of Siemianowice Śląskie, Bytom, Czeladź, Katowice and good communication of the public transport ensuring convenient transport for employees. It is leased to Solution and Jungheinrich.
Property in Sosnowiec, built in 2015, is a modern warehouse and office building situated 1.2 km from the S86 expressway with a good connection with the center of Sosnowiec and all the cities of the Silesian Metropolitan Area. The building offers convenient solutions for employees and tenants, such as large parking lots for passenger cars and easy access to public transport thanks to bus and tram stops located just outside of the property. It is leased to Döllken and Rafineria w Jaśle, McCormick companies. Due to the urban character of the warehouse, the office and showroom part is also leased by companies not occupying the warehouse space directly.
M7 CEREF II Fund’s strategy is to target value-add and core plus logistics, industrial and office investments in the key Central European markets of Poland, Hungary and Croatia.
Avison Young represented the seller as the exclusive agent throughout the transaction. SSW provided legal advice to the seller while Allen&Overy represented the buyer.
