“Expanding the portfolio of tenants strengthens MLP Group’s foothold in the Romanian market,” said Olga Melihov, Chief Country Officer Romania, MLP Group S.A.

MLP Bucharest West is a Class A logistics and industrial park developed by Polish group MLP in the north-western part of Bucharest. It covers 18.3 hectares and will eventually offer 99,000 sqms of storage and light industrial production spaces.

MLP Group follows the “build & hold” strategy, through which it retains ownership over the logistics parks and manages them directly.

The company has operations in Poland, Germany, Austria and Romania, aiming to expand into new markets.