7R and EQT Exeter to develop a logistics park in Greater Prague

7R, a developer of high-quality warehouses, and EQT Exeter, a global real estate investment manager, will jointly develop a two-building, 56,000-square-meter logistics complex strategically located along the D8 Motorway serving Greater Prague.

EQT EXETER PARK PRAGUE D8 LUZEC features two modern warehouses with floor areas of 44,000 sqm and 12,000 sqm, offering a total of 68 loading docks and a clear height of 12 m. They will be developed in accordance with best ESG practices, including provisions for photovoltaic and heat pump installations.

7R is a well-established commercial real estate developer in Poland and the Czech Republic, specializing in high-quality, flexible warehouse solutions for lease. EQT Exeter is one of the largest real estate operating companies in the world and focuses on acquiring, developing, and managing logistics and residential properties across the Americas, Europe, and Asia. The project was sourced, permitted, and will be developed by 7R. It will be funded by EQT Exeter, with both groups jointly managing the leasing.

– The project, developed on a speculative basis and already attracting significant tenant interest, is 7R’s second venture in the Czech Republic, following the 7R Park Lavičky D1 Highway. With its blend of cutting-edge design and eco-friendly solutions, it sets a new standard for industrial spaces, embodying the innovative and sustainable approach typical of 7R – explains Chris Zeuner, Co-CEO of 7R.

The property, located in the Lužec submarket in northern Prague, offers convenient access to the capital and key Czech and international markets, situated just 25 minutes from Prague’s city center and within easy reach of Dresden (101 km), Pardubice (122 km), Pilsen (125 km), Brno (238 km), and Wrocław (280 km). – The park offers exceptional connectivity, aligning with our goal to develop high-quality logistics facilities in prime locations that meet the operational and sustainability needs of our tenant customers – says John Toukatly, Partner & CIO of EQT Exeter Europe.

EQT EXETER PARK PRAGUE D8 LUZEC is designed to meet BREEAM Excellent standards and incorporates a range of sustainable solutions, including energy-efficient LED lighting, electric vehicle charging stations, and biodiverse landscaping.

In this transaction, 7R was advised by Cushman & Wakefield and Kinstellar, while EQT Exeter was advised by Dentons.

ABOUT 7R
7R is a well-established commercial real estate developer operating in Poland and the Czech Republic, specializing in high-quality, flexible warehouse solutions for lease. Serving a range of industries, 7R leverages its deep expertise to offer warehouse and industrial facilities, including customized built-to-suit (BTS) projects. Originally founded in Poland, the company’s portfolio includes large-scale logistics parks, small business units (SBUs), and 7R City Flex urban warehouses. With a track record of over 1.8 million square meters of completed projects and an additional 2.5 million square meters of gross leasable area (GLA) under development across Poland and the Czech Republic, 7R is positioned as a trusted, financially robust partner. Environmental, Social, and Governance (ESG) initiatives are fundamental to 7R’s approach, highlighted by the 7R Green Saver building standard that boosts energy efficiency and supports tenants in achieving sustainability goals. The Company is also committed to community engagement and upholding the highest standards of corporate governance.

For more information, visit www.7rsa.pl

About EQT Exeter

EQT Exeter is a global real estate investment manager with nearly $30 billion in equity under management. EQT Exeter acquires, develops, leases, and manages logistics/industrial, office, life science, and residential properties in Europe, the Americas, and Asia. With over 450 experienced professionals operating in more than 50 offices globally, EQT Exeter owns and operates over 2,000 properties and 375 million square feet. EQT Exeter’s track record comprises over $45 billion in total property gross asset value since inception, spanning over 450 million square feet globally. EQT Exeter is the real estate division of EQT AB, a purpose-driven global investment organization.

More info: https://eqtexeter.com/