7R, a developer of high-quality warehouses, has successfully completed the third phase of its green bond issuance. Since the beginning of the year, the issuance has raised a total of €77 million. This marks a significant step forward in the company’s €100 million bond program.
“This is our third offering this year, and the continued strong interest from investors demonstrates their confidence in our strategy and our ability to achieve our goals. With the capital raised, we have acquired and secured land parcels for projects with a total gross leasable area of approximately 400,000 sq. ft. in key locations across Poland,” said Tomasz Mika, CFO and Member of the Management Board of 7R.
The projects will meet the rigorous environmental standards required to obtain a BREEAM certification of at least "Excellent" and will exceed local Nearly Zero Energy Building (NZEB) standards by at least 10 percent. 7R has experience in delivering such projects, as evidenced by its 7R Green Saver line. Thanks to the funds raised, the company will contribute to the achievement of the EU’s climate protection goals and the UN Sustainable Development Goals.
The bonds were issued under the 7R Green Finance Framework, which complies with the international ICMA Green Bond Principles and LMA Green Loan Principles, ensuring full transparency and financial accountability. Michael / Ström Dom Maklerski is the exclusive arranger of the issuance under the program. The bonds are issued on the Catalyst market, which further underscores 7R’s commitment to development in accordance with the principles of sustainable finance.
O 7R
7R is a leading commercial real estate developer in Poland and the Czech Republic, providing high-quality, flexible warehouse space. The company works with clients across a variety of industries, offering warehouse and industrial facilities, including built-to-suit (BTS) projects. Founded in Poland, the company has completed projects with a total area of over 1.8 million square meters to date, and another 2.5 million square meters of GLA is in the pipeline. 7R is a trusted and financially stable partner. Commitment to ESG initiatives is an integral part of the company’s development, as evidenced by the 7R Green Saver line of low-carbon, energy-efficient buildings, which support tenants’ sustainable development goals. The company is also involved in activities benefiting local communities and adheres to the highest standards of corporate governance. For more information, visit: www.7rsa.pl
Media contact:
Marta Busłajew
Head of Marketing and Communications
Email: [email protected]
