7R, a developer of high-quality warehouse spaces, has successfully completed the first phase of its green bond issuance, marking the first step in its EUR 100 million bond program. Initially aiming for EUR 25 million, the company experienced exceptionally high demand from institutional and selected private investors, allowing it to raise a total amount of EUR 35 million.
– The strong interest from investors and the oversubscription of our green bond issuanceunderscore the confidence in 7R’s solid foundations, clear vision, management, and ability to achieve our goals. This milestone demonstrates our commitment to advancing our growth strategy while utilizing appropriate and sustainable financing solutions—said Chris Zeuner, Co-CEO of 7R.
The proceeds from the green bonds will be used to support the development of over 350,000 square meters of gross leasable area (GLA) through 2025. These projects are designed to meet strict environmental criteria, including achieving BREEAM Excellent certifications or higher and exceeding local Nearly Zero Energy Building (NZEB) standards by at least 10 percent. 7R has already demonstrated its ability to deliver such ambitious sustainable projects through the successful development of the 7R Green Saver product line. The eligible green projects funded by this issuance will contribute to the EU’s climate change mitigation goals and support the achievement of the UN Sustainable Development Goals.
The bonds were issued under the 7R Green Finance Framework, which is aligned with the International Capital Market Association (ICMA) Green Bond Principles and the Loan Market Association (LMA) Green Loan Principles. This ensures the highest standards of transparency and accountability. Michael / Ström Brokerage House is the sole arranger of the issuance under the program. The bonds will be listed on Catalyst, reinforcing the company’s commitment to transparency, sustainable development, and responsible financing.
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