Warehouse developer 7R has revealed that its land bank grew by 2 million m2 in 2024, expanding the firm’s options for meeting growing demand for low emission warehouses across Poland.
According to the firm, the newly acquired 2 million m2 of land allows for investments totalling approximately 1 million m2 gross leasable area (GLA).
Michal Bialas, co-CEO at 7R, said: ‘This year alone, we secured over 2 million m2 of new land in prime locations. We anticipate a market revival, which motivates us to rapidly expand our land resources.
‘Our goal is to offer our clients certainty and security despite increasing challenges stemming from the shrinking availability of well-located plots.
‘That’s why we are fully committed to preparing land that provides our clients with choices aligned with their needs and expectations. Flexibility in delivering warehouse solutions is one of the pillars of our long-term partnerships with clients.’
7R said it was currently evaluating the potential of a variety of plots. Filip Piekarski, head of business development at 7R, said: ‘We are currently preparing new investments in Western and Southern Poland, but we remain interested in land across all key markets, with a particular focus on Silesia and the central part of the country.
‘The choice of locations is always tailored to our clients’ expectations, considering factors such as the potential of emerging markets, proximity to major urban centres, and access to airports and seaports. We are flexible and open to various opportunities, which is why we carefully analyse all interesting land acquisition offers.’
