A fund managed by GLL Real Estate Partners has acquired a warehouse facility from 7R and Hillwood. The property, a build-to-suit project for a European e-commerce platform, is the largest building at 7R Park Kraków, offering 41,000 sqm of usable space. It was adapted to the needs of the e-commerce tenant’s logistics operations and was commissioned for use in July 2019. Last year, 7R and another fund managed by GLL Real Estate Partners finalized a larger warehouse portfolio sale in the CEE region. Cushman & Wakefield advised the purchaser in both acquisitions.
