The company develops a warehouse investment in Berlin
7R, a leading commercial real estate developer of sustainable logistics and industrial facilities, has completed the key formalities related to the acquisition of a property in Berlin from KARL Gruppe and is launching its first project on the German market. The investment comprises an existing warehouse complex located in Berlin’s Lichtenberg district, within the BEGEWO industrial area. 7R City Park Berlin East will be developed as a brownfield project, combining the modernisation of existing space with the potential for further expansion through the development of two modern buildings with a total area of 23,000 sqm. The investment, with a target area of 43,000 sqm. and a value of approximately EUR 70 million, is being implemented in cooperation with The Polish International Development Fund 2 (Fundusz Ekspansji Zagranicznej 2 FIZAN) managed by PFR TFI, which co-finances the international expansion of Polish companies.
The property comprises a plot of approximately 93,000 sqm. and an existing warehouse building of around 20,000 sqm. The asset is currently more than 90% leased, ensuring stable operations from the outset of the project. In the next phase, 7R plans to expand the complex with two additional buildings and approximately 23,000 sqm. of modern warehouse and logistics space. This part of the project is scheduled for delivery in 2027–2028.
Magdalena Uler-Kłeczek, Board Member and CIO at 7R, said: “The launch of our first project in Germany is an important moment in 7R’s development and confirms the consistent implementation of our expansion strategy in Europe’s most liquid and significant market. Berlin is a natural location for this step. It is one of the continent’s key metropolitan areas, a strong economic hub and a market with significant demand for well-located urban logistics space. Our competitive advantage lies in the combination of development experience, investment capabilities and practical expertise in creating modern, operationally efficient facilities for tenants from various sectors.”
7R City Park Berlin East is aligned with the company’s strategy to build a portfolio of modern logistics assets in Germany’s largest metropolitan areas. The company is focusing on locations in and around the BIG 7 cities, which include Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Düsseldorf. In these markets, 7R intends to develop urban logistics formats addressing the needs of companies from the e-commerce, retail, logistics, light manufacturing and services sectors.
The project is located in the Lichtenberg district in the eastern part of Berlin, on the site of a former concrete production plant at Bennostraße and Gehrenseestraße. This is an established industrial and commercial area which has been undergoing a comprehensive transformation in recent years. Its location within the city limits provides access to a large consumer market, road infrastructure and a strong labour pool, while enabling efficient urban and last-mile logistics operations.
Martin Ohly, Managing Director Germany at 7R, commented: “Germany is one of the largest and most demanding warehouse and logistics markets in Europe. Entering this market therefore requires a highly selective approach to location, product and investment structure. Our first project in Berlin meets these criteria: it is situated in a strong urban location, generates current rental income and offers genuine potential for further development. This investment model responds well to the current needs of both tenants and investors, combining the security of an existing asset with the opportunity to create new value through modernisation and expansion.”
The investment financing has been secured with the participation of the Polish International Development Fund 2 (Fundusz Ekspansji Zagranicznej 2 FIZAN) – managed by PFR TFI, alongside 7R’s own funds and debt financing. The total value of the investment, covering the acquisition of the property, modernisation of the existing facility, construction of new space and development of logistics infrastructure, will amount to approximately EUR 70 million.
Piotr Pikiewicz, Head of Debt & Treasury at 7R, said: “Under the investment cooperation structure, the Polish International Development Fund 2 takes a minority stake in 7R’s foreign subsidiary, with the proceeds allocated to the implementation of the Berlin project. Our cooperation with PFR TFI strengthens the financial backing of the investment and confirms the importance of institutional capital in supporting the expansion of Polish companies into Europe’s most competitive markets. Our objective is to build 7R’s long-term presence in Germany. We want to develop projects that respond to real tenant needs, are well integrated into the urban fabric and allow us to create long-term value for our capital partners.”
Piotr Dmuchowski, President of the Management Board of PFR TFI, which manages Fundusz Ekspansji Zagranicznej, commented: “This project shows that, as PFR, we can be a credible and strategic partner for Polish enterprises. We support companies that, with a clear vision and full determination, pursue dynamic growth and scale their operations beyond Poland. This undertaking is an excellent example of successful, multi-dimensional synergy between Polish capital and experienced investors. By developing a partnership-based operating model within the framework of the Foreign Expansion Fund, we co-invest with entrepreneurs, providing real support to Polish companies entering new, demanding foreign markets. In this way, we contribute to building their long-term competitiveness on a global scale.”
The 7R City Park Berlin East investment forms part of the broader transformation of the site under the BEGEWO project led by KARL Gruppe. A new functional structure is being created on the approximately 200,000 sqm. site of the former concrete production plant, comprising space for logistics, commercial activity, urban services and small and medium-sized enterprises. 7R’s acquisition of part of this site is aligned with the process of revitalising and redeveloping existing industrial land in line with the “brownfield before greenfield” principle. An important element of the project is the use of existing infrastructure potential and the reduction of pressure on new development land. 7R will develop the project in stages, initially focusing on the continued management of the existing asset, maintaining operational continuity for tenants and preparing the documentation and technical solutions for the planned expansion. Ultimately, the complex is intended to offer modern, flexible warehouse space tailored to the needs of companies seeking an efficient location within a major urban market.
The German warehouse market remains one of the key benchmarks for European logistics. In 2025, warehouse and logistics take-up in Germany reached nearly 6.1 million sqm., representing a 14% increase compared with the previous year. The largest metropolitan areas play a particularly important role, where limited land availability, the development of e-commerce and the need to shorten supply chains are increasing the importance of urban logistics locations.
The Berlin project is also part of a broader transformation of 7R’s business model. The company is developing its capabilities not only in creating new warehouse and industrial projects, but also in acquiring existing assets, modernising them, leasing them and managing long-term property value.
