News Article EBRD lends €30 million to Polish developer DL Invest Group
by Property Forum | Investment

The European Bank for Reconstruction and Development (EBRD) is extending a €30 million mezzanine loan facility to DL Invest Group, a Polish real estate developer and investor focused on commercial real estate. The mezzanine loan will support the development of sustainable industrial and logistics real estate projects in Polish regions.


DL Invest Group is an existing EBRD client, having benefitted from up to €72 million mezzanine loan in 2021. The EBRD’s financing supported DL Invest Group to successfully complete six build-to-suit warehouse projects in regional cities in Poland with a total gross leasable area (GLA) of ca. 85,000 sqm. The new loan strengthens the Bank’s cooperation with DL Invest Group, and provides the financing needed for three new build-to-suit industrial and logistics development projects for a variety of clients, including a global automotive supplier and a leading regional pharmacy chain. All projects will have green credentials.

DL Invest Group, in accordance with its business model, designs, develops and then manages real estate within its own portfolio with a particular focus on environmentally friendly solutions confirmed by certification the BREEAM certification, with a minimum “Very Good” rating for all projects financed by EBRD.

Elisabetta Falcetti, EBRD Regional Head of Central Europe said: “The EBRD’s first project with DL Invest Group was signed more than a year ago, and the region – and indeed the world – has changed dramatically since then. In this short period of time and against an uncertain and challenging backdrop, the company managed to deliver six new sustainable warehouse projects to what remains a supply-constrained market. We warmly welcome DL Invest Group’s commitment to delivering high quality warehousing infrastructure in an efficient and sustainable manner.”

Vlaho Kojakovic, EBRD Head of Property and Tourism said: “We are delighted to extend our cooperation with DL Invest Group, a dynamic and rapidly growing Polish company. The first chapter of our journey has so far exceeded our already high expectations and we look forward to the next one. Modern sustainable warehouse infrastructure is at the heart of resilient and efficient supply chains. The war in Ukraine has made it obvious that Poland has a strategically important geographical location as a logistics and manufacturing hub.”

Dominik Leszczyński, DL Invest Group CEO said „At a time of such dynamic growth for DL Invest Group, it is extremely important to have such a demanding and important partner as EBRD. We are happy to have developed our cooperation with EBRD with further financing, adapted to the momentum of our growth. This cooperation is the basis for our further growth in the years to come.”

DL Invest Group is a privately owned Polish real-estate development and investment company, established in 2006, with assets in excess of PLN 2.2 billion. 

Since it started operating in Poland more than 30 years ago, the EBRD has invested almost €12 billion in the country.