SEGRO, acting on behalf of SELP, has completed the purchase of 7R Park Wroclaw in Biskupice, a landmark warehouse project located in one of the key logistics hubs in Poland. With this acquisition, SEGRO doubles its portfolio in the increasingly important Lower Silesia region. The logistics park comprises 24,000m² of modern warehouse and manufacturing space and will be named SEGRO Industrial Park Wrocław 2. The purchase price was not disclosed.
Lukasz Jachna, Investment Director, Capital Markets, 7R, commented: "This transaction is in line with 7R’s strategy of developing institutional industrial schemes in strategic locations across Poland. It also illustrates the company’s intense focus on co-operating with reliable business partners in Poland. 7R is currently in the process of developing a pipeline of ca. 600,000m² of A-grade logistics accommodation in major Polish cities and in key industrial regions in Poland."
Bozena Krawczyk, SEGRO Investment Director, said: "The acquisition matches SEGRO’s strategy to strengthen its position in the proximity of the biggest cities and the most significant transportation hubs. We are confident that this high-quality warehouse space will be a great boost for our customers and our presence in this region, which is so significant for logistics and production businesses."