First 7R Green Saver warehouse obtains financing

Construction is underway for 7R’s inaugural Green Saver product in Kąty Wrocławskie, Poland, aimed at reducing both CO2 emissions and operating costs. 7R Park Wrocław West II has just secured a total of PLN 87 million in financing from Bank Pekao S.A.

7R has applied environmentally friendly solutions that will reduce operational CO2 emissions by more than 50 percent compared to buildings developed purely in accordance with technical conditions under the required Polish Construction Law. At the same time, green solutions will help significantly reduce operating costs. In the future, 7R Park Wroclaw West II will need significantly less electricity during operation. According to 7R’s calculations, the reduction in primary energy demand per square meter per year will drop by almost 70 percent compared to current regulations.

“The solutions developed for the park in Kąty Wrocławskie have met with great interest in the market. Many tenants are increasingly taking action in the spirit of sustainable development. They invest in green solutions, bearing in mind that the expenses incurred will pay off in significant savings on operating costs. From the point of view of investors, a product in such a specification – green, modern and at the same time based on the reduction of operating expenses – will be a more desirable product. We believe that the increased standard will be reflected in a correspondingly higher value of this property. We will replicate this innovative technological and business model in selected future developments. The new green parks will be built under the 7R Green Saver brand, following the idea of Saving the costs, saving the planet,” commented Michal Bialas, CBDO and board member to 7R.

Thanks to innovative sustainable solutions combined with low operating costs, the project has received favourable financing from Bank Pekao S.A., including a 16.5 million euros construction-investment loan and a revolving VAT credit line of 16 million zlotys.

“Bank Pekao S.A. finances clients’ green projects, supporting them on the road to decarbonization. We believe in sustainable buildings aimed at reducing CO2 emissions, like the new 7R warehouse in Kąty Wrocławskie. Together with 7R, we are working on more Green Saver projects,” said Łukasz Białecki, Head of Real Estate Financing at Bank Pekao S.A.

7R Park Wrocław West II, with an area of 44,000 sqm, is fully leased to Yusen Logistics. The general contractor is Kajima Poland. The building is being constructed in a strategic location, at the Kąty Wrocławskie interchange on the A4 highway. The planned completion date is the second quarter of 2024, and the assumed level of BREEAM certification is Outstanding.