The European Bank for Reconstruction and Development (EBRD) has extended a € 72m loan to real estate developer DL Invest Group, the bank said.
“We are very pleased with the signing of the loan agreement today, which allows us to further strengthen the dynamic and rapidly growing Polish company in a key sector. We welcome the intention of DL Invest Group to not only provide high-quality modern warehouse space, but also to make it sustainable and ecological. This will make an important contribution to tackling climate change by setting an example for the entire sector, ‘said CEO Elisabetta Falcetti, quoted in the press release.
DL Invest Group will use EBRD financing to develop a portfolio of sustainable logistics and industrial build-to-suit projects. The developer is required to obtain a BREEAM certificate (Sustainability Assessment Method for Planning, Infrastructure and Building which recognizes and reflects the value of higher performing assets throughout the life cycle of the building environment, from new construction to use and renovation) with a rating of at least ‘very good ”, for all EBRD-financed projects, also reported.