EBRD provides EUR 72 mln loan to Polish DL Invest Group
The European Bank for Reconstruction and Development announced that is boosting the development of green industrial and logistics real estate with a EUR 72 million mezzanine loan facility to DL Invest Group, a Polish real-estate developer focused on commercial property.
DL Invest Group will use the EBRD finance to develop a portfolio of sustainable build-to-suit logistics and industrial projects.
The developer is committed to gaining BREEAM certification, with at least a "very good" rating, for all projects financed by the EBRD.
Under the build-to-suit model, a developer builds or refurbishes a building to a tenant's exact specifications. DL Invest Group is a privately owned Polish real-estate development and investment company, established in 2006, with assets in excess of PLN 1.5 billion.
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