Acquisition of a Polish real estate portfolio from 7R by CTP Group
CATEGORY
Investment Deal of the Year, CEE
White & Case represented CTP Group in the acquisition of a real estate portfolio from 7R, a Polish industrial developer, with potential to develop 1.2 million sqm of gross leasable area (GLA) in logistics and industrial real estate. The portfolio consists of projects in Silesia and central and northern Poland that are in the development phase, such as in Warsaw and Katowice, as well as other sites across Poland that are still in the pre-development phase.
Name of the deal
Acquisition of a Polish real estate portfolio from 7R by CTP Group
The date of closing the deal
May 2022
Value of the transaction (in EUR)
Confidential
Yield
N/a
Seller, plus brief information about the company
7R it's a Polish warehouse and production facility developer. Since the beginning of its operations, has completed projects with a total area of almost 1.5 million sqm. Currently, 7R has more than 4 million sqm in the investment process in various locations throughout Poland.
Consultancy which advised Seller
Linklaters
Purchaser, plus brief information about the company
CTP is a full-service developer and manager of high-tech customised industrial and logistics parks. It is also continental Europe’s largest owner, developer and manager of logistics and industrial real estate in terms of gross leasable area. It has been listed on the Amsterdam Stock Exchange since 2021.
Consultancy which advised Purchaser
White & Case
Financing institution
N/a
Current occupancy level
N/a
Please say why this deal should be considered for the award
The majority of the land plots that CTP bought from 7R that were strategically positioned and located in and around Warsaw and the Upper Silesia region benefit from a robust local infrastructure and are well-suited for development.
