Poland NREP poised to buy major 7R stake
Investment & financeschedule 18 April 2023
In 2021 NREP completed the acquisition of a 98.9 pct stake of Kraków-based BIK
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Danish real estate investor NREP has submitted an application to the Polish competition authority UOKiK to acquire “joint control” of Polish warehouse developer 7R.
The application for joint control of 7R was made by the group’s Luxembourg-registered fund NREP Nordic Strategies Fund V Limited Partnership on April 12th.
NREP has already entered the Polish market in what was its first foray outside Scandinavia. In H1 2021 it was announced that it had completed the acquisition of a 98.9 pct stake in Kraków-based BIK (Biuro Inwestycji Kapitałowych), which is another Polish warehouse developer. This transaction has since been followed by an entry into the P
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