MLP Group was assisted during the transaction by JLL, the real estate services company in charge with the rental process of the whole project in Romania.
The first phase of the MLP Bucharest West logistics park covers 22,000 sqm, of which 15,000 sqm have already been rented.
MLP Bucharest West, intended for production activities, will cover 99,000 sqm upon the completion of the construction. The project is located in a key area in Romania, just 15 km off downtown Bucharest, with direct access to the beltway and the A1 motorway.
Maracana is a family business launched in 1991, in Timisoara.
MLP Group is one of the leading developers, owners and managers of industrial and logistics parks, operating in Poland, Germany, Austria and Romania. The company owns and manages a portfolio of 17 parks, in four countries, with an area of approximately 1.3 million sqm, which represents existing projects that already have building permits and are ready to be rented out. The value of assets stood at EUR238 million in the third quarter of 2020. MLP Group has been listed on the Warsaw Stock Exchange WSE since 2013.
MLP Group was established in 1998, in Warsaw (Poland).