Bank BNP Paribas Polska finances MLP Group project

MLP Group has concluded a transaction with Bank BNP Paribas. The institution has provided financing in the total amount of 21.5 million EUR. The acquired funds will be used to refinance the construction of a warehouse facility with an area of 34.6 thousand sqm in the MLP Pruszków II logistics center. The bank was advised by the law firm Kycia Legal Banking Finance.

MLP Group has successfully finalized a transaction with Bank BNP Paribas. In accordance with the agreed terms, the institution has provided financing in the total amount of 21.5 million EUR. The granted loan will be used to refinance an existing facility with an area of 34.6 thousand sqm within the MLP Pruszków II logistics park.

„We are very pleased with the conclusion of the transaction with a leading financial institution. By providing us with support, the bank has positively evaluated our business model and the investment projects being implemented. The obtained financing ensures our full financial stability and the possibility of dynamic development of our operational activities” – said Monika Dobosz, CFO/Board Member at MLP Group S.A.

„We are pleased that once again we have the opportunity to provide support in the implementation of MLP Group's development plans. We value our long-term cooperation and appreciate the Company's efforts in implementing sustainable development principles in its business operations. We thank the Company for its trust and look forward to the further development of our relationship” – said Marek Kowalski, Director of the Structured and Real Estate Finance Department at Bank BNP Paribas.

MLP Pruszków II is a modern logistics center located near Warsaw, in the Brwinów municipality, 5 km from Pruszków. It is the largest complex in the region, with a target leasable area of over 424 thousand sqm. Selected buildings hold the prestigious BREEAM certificate. In line with MLP Group's ESG strategy, photovoltaic installations are being mounted on the roofs.

MLP Pruszków II has well-developed transport connections both with the center of Warsaw and with the main arteries connecting the capital with other cities. The park is located between local road no. 760 and a section of the A2 motorway, 3 km from the transport hub located in the Pruszków-Żbików area. International railway lines run nearby, which enable excellent logistics conditions for both domestic and international distribution. On the park's premises, there is a bus stop and a self-service Nextbike bicycle rental station.

In accordance with the „build & hold” strategy, MLP Group retains its logistics parks in its portfolio after construction is completed and manages them independently. All projects implemented by the Group are also distinguished by the very attractive location of the logistics parks, the use of built-to-suit solutions, and support for the tenant throughout the duration of the lease agreement.