Linklaters has advised NREP on its acquisition of an 80% stake in Polish logistics developer 7R, with the buyer aiming to invest approximately EUR 200 million into the company. Rymarz Zdort Maruta advised 7R. Kinstellar reportedly advised NREP. Kancelaria Kurek Wojcik i Partnerzy reportedly advised 7R.
NREP is a Northern European real estate investor managing assets worth more than EUR 19 billion.
7R is a commercial real estate developer headquartered in Poland. It provides A-class warehouses for rent, including big box facilities, build-to-suit, and urban warehouses. 7R's portfolio includes 36 assets, with a total area of 1.8 million square meters and a 2.3 million square-meter development pipeline.
According to the firm, with the investment 7R will accelerate its growth, and NREP will gain a strong logistics platform in Poland, expanding its logistics portfolio to 4.2 million square meters across six countries.
Back in May, Linklaters advised NREP on a PLN 229 million loan from the EBRD to finance two residential rental projects in Warsaw (as reported by CEE Legal Matters on May 31, 2023).
The Linklaters team was led by Managing Partner Artur Kulawski, Partner Janusz Dzianachowski, and Managing Associates Monika Lerka, Tomasz Trystula, Szymon Renkiewicz, and Anna Zmitrowicz and included Partners Marcin Schulz and Marta Domino, Counsel Monika Krzyszkowska-Dabrowska, Managing Associates Jedrzej Palka, Lukasz Burakowski, Szymon Sieniewicz, Marta Szrajer, and Wojciech Podlasin, Senior Associates Maciej Ficinski, Wojciech Kobylinski, and Barbara Wanat, Associates Michal Kostewicz, Bartosz Boenigk, Katarzyna Grodzka, Filip Witaszek, Joanna Roman, Marta Strykowska, Justyna Tuleja, Daria Wojciechowska, Michal de Bialynia Woycikiewicz, and Marcin Woloszyn, and Junior Associates Jakub Gerula, Jan Kwiecien, Jakub Sitarski, Wiktoria Sagan, and Jakub Korobczuk.
The Rymarz Zdort Maruta team was led by Managing Partner Pawel Rymarz and Partner Piotr Fedorowicz and included Partner Iwona Her, Counsel Irmina Watly, Senior Associates Diana Sofu and Piotr Wawrzeniuk, and Associate and Patrick Kozliczak.