Norton Rose Fulbright advises 7R on strategic real estate acquisition in Kraków

Global law firm Norton Rose Fulbright has advised 7R on the purchase of an SPV holding significant real estate in Kraków.

Our Warsaw team, led by counsel Krzysztof Jasiński and including counsel Jan Wszołek, and associates Magdalena Olechniewicz-Blocher and Jan Nowjalis, advised the client on all aspects of the transaction, including corporate and real estate legal due diligence, the negotiation of the share purchase agreement (including a set of warranties), handling interim period matters, as well as negotiating insurance policies. The transaction required close cooperation not only between the parties, but also with different stakeholders, on the corporate level as well as the real estate level, therefore was a complex one. The transaction required close cooperation not only between the parties, but also with different stakeholders, on all complex corporate and real estate aspects.

7R is a rapidly growing developer operating in the logistic and industrial sector, specialising in the preparation, construction, and management of modern warehouse facilities. 7R's portfolio includes both large-scale logistics parks and urban Small Business Unit warehouses forming the 7R City Flex network, as well as Build-to-Suit (BTS) facilities. To date, the company has completed projects with a total area of over 1.8 million square meters, while over 2,5 million square meters are currently in investment process in various locations throughout Poland. 7R is committed to ESG initiatives, caring for the environment, local communities, and corporate governance.