7R has finalized the sale of the 7R City Flex Łódź I warehouse located on Rokicińska St. in Łódź, Poland to SELP (SEGRO European Logistics Partnership). This is the third 7R project, following 7R City Flex Łódź II on ul. Transmiscyjna in Łódź and 7R Park Wrocław, to join the Polish portfolio managed by SEGRO.
Along with the rapid development in Łódź and growing customer needs, the SELP real estate portfolio managed by SEGRO in the city is also expanding. City industrial parks are becoming the driving force of the logistics market and it is in this area that we want to expand our offer. The purchase of the property from 7R fits perfectly into our strategy of growth in key locations with the greatest potential associated with both the size of the local market and constantly improving road infrastructure.
Bożena Krawczyk, Investment Director at SEGRO
The history of the SELP and 7R partnership
We have been developing our warehouse brand in Poland for 10 years. We see the potential of having a niche in smaller warehouses located near city centers, allowing for a flexible response to the needs of local markets from specific locations. We and our partners know that this trend has enormous potential and will continue to develop. That is why major European players such as SEGRO consciously choose these types of assets for their portfolio. At 7R, we have used our experience and knowledge to create the City Flex concept that meets the needs of tenants and investors, providing them with solutions of the highest quality.
Bartłomiej Krawiecki, Member of the Board and Head of Development at 7R
