Nearly full allocation within the first year
As of 3 February 2026, 7R successfully allocated 96% of the net proceeds from its green bond issuances to the financing and refinancing of seven eligible green building projects. The green bond programme was launched in February 2025 with an inaugural €34 million issuance maturing in 2028. By February 2026, the total value of green bonds issued by 7R had increased to €80.5 million.
All proceeds were allocated in line with the 7R Green Financing Framework, fully aligned with the ICMA Green Bond Principles and the LMA Green Loan Principles. An independent Second Party Opinion (SPO) was provided by ISS Corporate Solutions. Oversight of the process was ensured by the 7R Green Finance Committee, which verified compliance with the UN Sustainable Development Goals, particularly those related to climate action and clean energy.
Seven logistics and industrial projects across Poland
The allocated green bond proceeds supported seven logistics and industrial developments located in different regions of Poland, with a combined total area of 543,596 sqm. The largest share of the allocation was assigned to 7R Park Kraków 3, accounting for 35% of the total.
This was followed by 7R Park Warsaw 10 in Stara Wieś (18.2%), 7R Warsaw South I in Nadarzyn (16.3%) and 7R Park Gdańsk IV (11.2%), which was additionally refinanced with €27 million. The portfolio also includes 7R Park Zabrze I (7.4%), 7R Park Poznań East in Pobiedziska (4.7%) and 7R Park Gdańsk V in Barniewice (3.8%).
The allocation structure confirms that green financing is applied across different logistics formats—from large-scale regional parks to projects serving local and urban markets.
High environmental standards and BREEAM certification
All projects included in the report either target or have already achieved BREEAM certification at the “Excellent” level or higher. Notably, 7R Park Gdańsk IV has already obtained the prestigious “Outstanding” rating with a score of 88.8%.
A key technical requirement for all investments is the reduction of non-renewable primary energy demand by at least 10% compared to local Nearly Zero Energy Buildings (NZEB) standards. In the case of 7R Park Gdańsk IV, this reduction reached an exceptional 60.8%. In addition, Global Warming Potential (GWP) across the full life cycle is calculated for all projects financed with green capital, enabling transparent carbon footprint reporting for both investors and tenants.
Green bonds as a strategic financial tool
“The published report demonstrates that sustainability is a real and measurable element of our business strategy, not just a declaration. The near-complete allocation of proceeds within the first year confirms our ability to combine ambitious environmental objectives with investment discipline and long-term value creation,” said Tomasz Mika, Management Board Member and Chief Financial Officer at 7R.
From a financial perspective, green bonds represent an efficient tool for diversifying funding sources. At the same time, the report confirms that the proceeds are used transparently and in full compliance with international capital market standards, which remains a key requirement for institutional investors.
Long-term ESG commitment and transparency
The Green Bond Allocation and Impact Report forms part of 7R’s long-term commitment to transparency, responsible capital management and regular reporting on environmental performance. The report was prepared under the auspices of the 7R Management Board and authored by Piotr Pikiewicz, Head of Corporate Debt & Treasury, Marek Bielecki, Treasury Manager, and Damian Kołata, Head of Commercial.
The full version of the report is available on the company’s website.
source: Advanced Public Relations