BayernLB grants investment credit facility for MLP Business Park Berlin-Ludwigsfelde

BayernLB grants investment credit facility for MLP Business Park Berlin-Ludwigsfelde
MLP Group has signed an agreement with Bayerische Landesbank (BayernLB) for an investment credit facility of over EUR 19.6m. The proceeds will be used to refinance and finance the construction of MLP Business Park Berlin. The credit facility is another agreement signed with BayernLB, which strongly supports growth of MLP Group’s operations in Germany.

MLP Business Park Berlin-Ludwigsfelde is MLP Group’s first Urban Logistics project, to be gradually replicated in other cities. The project is dedicated mainly for e-commerce tenants and companies looking for high-end warehousing and office space. The project offers units ranging from 750 to 2,500 sqm, ideally located within the German capital, with easy access to public transport. The rapid commercialisation of the project at an early implementation stage has solidified the strong rating of the asset.

Unique solutions at MLP Business Park Berlin-Ludwigsfelde

MLP Business Park Berlin-Ludwigsfelde consists of four units of varying sizes, offering a total of approximately 18,000 sqm of space. The project is implemented in line with the green development strategy, with numerous unique solutions deployed at the site, including rooftop solar PV systems. The logistics park also offers charging points for electric and hybrid vehicles. Warehouse and office spaces have been designed to maximise natural light incidence while providing sun protection at the same time. During the project execution, care has been taken to minimise the impact on the surrounding environment. MLP Business Park Berlin-Ludwigsfelde has received DGNB Gold certificate.

Almost EUR 20m of funding secured

Funding for the project is provided by BayernLB (Bayerische Landesbank)., the financial institution provides EUR 19,646,550 to refinance the completed warehouse buildings and to finance the construction of the last phase of MLP Business Park Berlin-Ludwigsfelde.

‘MLP Business Park Berlin-Ludwigsfelde stands out primarily for its excellent location and a flexible space concept. The strong ESG compliance has been confirmed by DGNB’s Gold certificate. We are glad to be able to further support the growth of MLP Group with our funding,’ said Robert Hetzner, Head of International Relationship Management Real Estate and Funds at BayernLB.

‘After successful collaboration on the project in Unna, the financing of MLP Business Park Berlin-Ludwigsfelde is a second major project in Germany we are working on with BayernLB, Germany’s leading financial institution. On behalf of MLP Group, I would like to thank BayernLB for the good cooperation, hoping for further strengthening of our business relationship,’ noted Monika Dobosz, CFO of MLP Group S.A.

Rapid growth in Europe

MLP Group is a leading developer of warehouse space with operations in Poland, Germany, Austria, and Romania. Also, the company is soon to expand its foothold into Benelux and Hungary. 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 very attractive locations of the logistics parks, application of built-to-suit solutions, and support given to tenants during the lease term.

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