BNP Paribas Bank Polska finances MLP Group Project

BNP Paribas Bank Polska finances MLP Group Project
MLP Group has completed a transaction with BNP Paribas Bank Polska S.A., securing financing of EUR 21.5 million. The funds will be used to refinance the construction of a 34,600-square-meter warehouse facility at the MLP Pruszków II logistics center. Legal advisory for the bank was provided by Kycia Legal Banking Finance.

MLP Group successfully finalized the transaction with BNP Paribas Bank Polska S.A. According to the agreed terms, the institution extended financing of EUR 21.5 million. The granted loan will be used to refinance an existing 34,600 square meter facility within the MLP Pruszków II logistics park.

“We are very pleased to have closed this transaction with a leading financial institution. By providing support, the bank has positively assessed our business model and ongoing investment projects. The obtained financing ensures us full financial stability and the ability to dynamically develop our operational activities,” said Monika Dobosz, CFO/Board Member at MLP Group S.A.

“We are delighted to once again have the opportunity to support MLP Group’s development plans. We value our long-term collaboration and appreciate the Company’s efforts in implementing sustainable development principles in its business activities. We thank the Company for its trust and look forward to further developing our relationship,” said Marek Kowalski, Head of Structured and Real Estate Finance at BNP Paribas Bank

MLP Pruszków II is a modern logistics centre located in the municipality of Brwinów near Warsaw, five kilometres from Pruszków. It is the largest complex of its type in the region, with a target lease area of over 424,000 sqm. The buildings have been awarded the prestigious BREEAM certification. In line with MLP Group’s ESG strategy, photovoltaic installations are being installed on the roofs.

MLP Pruszków II has well-developed transport links with central Warsaw as well as the main arteries connecting the capital with other cities. The park is located between local road No. 760 and the A2 motorway, three kilometres from the junction in the Pruszków-Żbików area. The international railway lines located in the hub’s vicinity make for excellent logistics conditions for both domestic and international distribution. There is a bus stop on the premises as well as a Nextbike self-service bike rental station

In keeping with its build & hold strategy, MLP Group retains completed logistics parks in its portfolio and manages them. All projects undertaken by MLP Group are distinguished by highly attractive logistics park locations, built-to-suit solutions, and ongoing tenant support throughout the lease term.

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