Macquarie Capital Principal Finance (Macquarie) has provided €123.4 million in the form of a senior secured loan to DL Invest Group. The three-year facility will be funded using capital from Macquarie’s balance sheet.
The loan is secured against 10 modern logistics assets across Poland, comprising 193,000 sqm constructed by DL Invest Group over the last 5 years and is fully let to major international companies.
Alexi Antolovich, Global Co-Head Real Estate, Macquarie Capital Principal Finance said: “This transaction shows the strength of Macquarie’s balance sheet and our ability to find capital solutions anchored in a strong portfolio managed by an excellent team at DL Invest Group, notwithstanding the challenging macroeconomic environment. We are pleased to support DL Invest Group’s continuous growth and believe this is the first transaction of a fruitful collaboration over the years to come.”
Dominik Leszczynski, CEO of DL Invest Group said: “We are delighted to acquire capital for our next stage of growth as a tenant-orientated developer and long-term investor-owner of assets. Macquarie was pragmatic throughout the process, in a period of heightened volatility for Polish capital markets. We worked together to create a bespoke transaction that allows DL Invest Group to continue its strong investing track record”
Macquarie’s Principal Finance utilises Macquarie Groups’ balance sheet to invest up and down the capital structure providing debt and equity solutions for real estate clients across Europe, North America, and Australasia.