MLP Group SA

04/04/2024 | Press release | Distributed by Public on 04/04/2024 02:01

Maracana renews lease at MLP Bucharest West

Maracana, a company specialising in transport, warehousing, logistics and distribution services, has renewed its lease contract for 5,000 sqm at the MLP Bucharest West logistics park.

One of Europe's leading logistics companies has renewed its lease of 5,000 sqm of modern space at the MLP Bucharest West logistics park for an additional period. Maracana initially moved into the facility near Bucharest three years ago. A year later, the company signed another contract to expand its leased space by 5,000 sqm (the contract remains in effect). Consequently, Maracana now occupies a total of 10,000 sqm of warehouse and office space.

The tenant was assisted in the transaction by iO Partners, a JLL Preferred Partner.

With a presence in the Romanian market for over 30 years, Maracana operates an extensive fleet of vehicles and offers fast transport services across all modes and destinations. Its core values are safety, professionalism and tailor-made solutions. Maracana remains steadfast in its commitment to developing safety measures that ensure smooth cargo transport without any potential risks. The Group's priority is to ensure safe and efficient transport services for its customers.

'The new lease contract confirms that the space we provide and the functionality of the facility align perfectly with the needs and requirements of our customer. We are delighted to see Maracana further integrated into our logistics park. MLP Bucharest West stands out for its excellent location and high-quality finish, making it a sought-after and valued choice among tenants,' noted Olga Melihov, Country Head Romania at MLP Group S.A.

'We are thrilled to renew our contract with MLP for 5,000 sqm at the logistics park. This partnership has played a key role in supporting our operations, enabling us to consistently deliver top-quality services. The facilities provided by MLP remain essential to our logistical requirements, and we eagerly anticipate further strengthening of our collaboration in the years ahead,' said Eugen Supuran, General Manager of Maracana.

'Our long-standing partnership with Maracana, which is also reflected in this significant transaction at MLP Bucharest West, is a testament to our shared commitment to excellence and innovation in logistics. We are proud to be part of this strong alliance, as confirmed by numerous other contracts previously signed in various other cities such as Constanța and Ploiești,' noted Ionut Grigoras, Senior Consultant Industrial Department, iO Partners.

Situated within Romania's most popular warehouse hub, at the ring road in Bucharest's north-western district of Chitila, MLP Bucharest West is an ideal location for distribution and logistics operations. It is a Class A industrial and logistics development on an 18.3 ha plot that will eventually provide 99,000 sqm of warehouse space, with numerous amenities and excellent road infrastructure.

MLP Group is growing its operations in Poland, Germany, Austria and Romania, with plans to expand its business into new markets. In keeping with its build & hold strategy, MLP Group retains completed logistics parks in its portfolio and manages them. All projects undertaken by MLP Group are distinguished by very attractive locations of the logistics parks, application of built-to-suit solutions, and support given to tenants during the lease term.