M7 Real Estate, on behalf of its M7 CEREF II Fund, has acquired two urban logistics schemes (DUO portfolio) from 7R. Avison Young represented the seller as the exclusive agent throughout the transaction. 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 22,500m² 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 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 Slaskie, Bytom, Czeladz, 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 centre 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 Dollken and Rafineria w Jasle, 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.
“DUO portfolio properties are representative examples of urban logistics schemes with great locations, which are accessible fast and easy. Such products have become recently even more sought-after by investors. This is a result of a rapid acceleration of e-commerce development stimulated by COVID-19. The increase in the number of transactions of last-mile logistics, parcel delivery centres or Small Business Units have been recognized last year and we expect this trend to continue as the demand for such properties is high,” commented Bartlomiej Krzyzak, Director, Investment at Avison Young in Poland.