MLP Group has finalised a transaction with BNP Paribas Bank Polska S.A. The Bank has agreed to lend more than EUR 19.7 million in accordance with the transaction terms. The transaction was executed through Kycia Legal, a firm of lawyers. The facility will be used to finance and partially refinance the MLP Czeladź project
A logistics park with a target development potential of more than 68,300 sqm of modern space, of which 38,000 sqm have already been delivered for occupancy. The current tenant mix includes SPAR, DS Smith and Italinox. Now the plan is to start construction of more warehouse units.
“We are very pleased to have completed another significant financing deal with BNP Paribas. On behalf of MLP Group, I wish to thank the Bank, which is a leading financial institution in Poland, for treating us a trusted partner. I hope that our business relationship continues to grow,” said Monika Dobosz, CFO at MLP Group S.A.
“We are happy to be able to again support MLP Group’s expansion plans. We value our long-term relationship and are satisfied with the company’s efforts in integrating sustainability into its business. We thank them for their trust and look forward to our continued relationship,” said Marek Kowalski, Head of the Structured Finance and Real Estate Department at BNP Paribas.
“We were delighted with the opportunity to work with MLP Group and BNP Paribas Bank Polska S.A. on this project. It was another transaction between MLP Group and BNP Paribas Bank Polska on which we had the pleasure to advise. We wish both parties further successful cooperation,” said Grzegorz Kycia, a Partner at Kycia Legal.
MLP Czeladź is a modern logistics centre under construction. Once completed, it will offer clients five A-class buildings with a total of 68,332 sqm of warehouse and manufacturing space. The project is sited on a plot of 15.5 hectares.
MLP Czeladź is very attractive to clients particularly because of its excellent location near main roads. The park is located close to the junction of the A4 motorway and the S1 expressway, 15 kilometres from the Katowice airport, 11 kilometres from the city centre, and in the vicinity of the S86 expressway linking Łódź with Tychy.
