M7 Real Estate has acquired two urban logistics schemes from 7R, on behalf of its M7 CEREF II Fund. A sales price was not disclosed.
M7 CEREF II Fund’s strategy is to target value-add and core-plus logistics, industrial and office investments in the key central European markets of Poland, Hungary and Croatia.
The assets, together known as the DUO portfolio include two warehouse buildings located in Siemianowice Slaskie and Sosnowiec in the Upper Silesia Region of Poland. Together the portfolio exceeds 22,500 square meters (242,187 square feet) in gross leasable area.
One of the properties is a class A warehouse located in the area of Siemianowice Business Park, and the other is a modern warehouse and office building located close to the cities of the Silesian Metropolitan Area.
“DUO portfolio properties are representative examples of urban logistics schemes with great locations, which are accessible fast and easy,” said Bartlomiej Krzyzak, director
