Global real estate manager DWS has agreed to acquire the 7R Park Poznan East II warehouse park in Poznan, Poland, for an undisclosed amount from developer 7R.
DWS is making the purchase of the fully-let 51,500 m2 complex on behalf of one of its German institutional real estate funds.
The warehouse is located 7 kilometres from the centre of Poznan, in the Franowo district. The park boasts a BREEAM Very Good environmental certificate.
‘DWS is pleased with the addition of this asset in an established logistics market with strong fundamentals, benefitting from a diversified tenant base and being resilient to economic cycles. The building’s high technical specifications allowing for tenant adaptation, and proximity to Poznan and key motorways enables the landlord to support and participate in economic growth of the region,’ said Marek Jakubiak, head of CEE at DWS.