M7 acquires warehouses in Upper Silesia
M7 Real Estate, on behalf of its M7 CEREF II Fund, has acquired two urban logistics buildings from 7R – warehouses with a total area of over 22,500 sqm GLA are located in Siemianowice Śląskie and Sosnowiec.
The property in Siemianowice Śląskie, built in 2018, is a class A warehouse located by national road no. 94 within the Siemianowice Business Park. The warehouse is leased to two tenants, Solution and Jungheinrich.
The property in Sosnowiec, built in 2015, is a modern office and warehouse building located 1.2 km from the S86 expressway. The warehouse is leased to Döllken, McCormick and Rafineria w Jaśle. Due to the urban character of the warehouse, the office and showroom space is also leased by companies not directly occupying warehouse space.
The investment strategy of the M7 CEREF II fund involves acquiring "value-add" and "core +" office, warehouse and logistics properties located in Poland, Hungary and Croatia.
