MLP Group Credit Ratings Affirmed by Moody’s and Fitch

Moody’s Investors Service and Fitch Ratings have reaffirmed MLP Group’s credit ratings, keeping them at Ba2 and BB+ respectively, both with a stable outlook. The periodic reviews confirm the company’s standing at the same levels as in previous assessments.

The agencies’ decisions come against the backdrop of a challenging macroeconomic environment. Moody’s noted the quality of MLP Group’s logistics portfolio, which includes large distribution centers and urban parks in Poland and Germany. It also highlighted the concentration of assets near major transport routes and urban centers, as well as a tenant base made up of international firms with diversified operations. According to Moody’s, the company benefits from long lease terms averaging more than seven years, high occupancy, and steady rent growth, all of which contribute to predictable income.

Fitch emphasized the development of the company’s Polish portfolio of Class A properties, its internal management model, and its spread across attractive locations. The agency pointed to the value of diversification by both asset type and tenant industry, along with low vacancy rates and long lease agreements, as factors supporting resilience against market volatility.

MLP Group’s management described the confirmation of ratings as recognition of its long-term strategy. Radosław T. Krochta, President of the Management Board, said the reaffirmation reflects the company’s financial stability and supports expansion plans across Europe. CFO Maciej Müldner added that maintaining ratings provides access to capital markets on favorable terms.

The ratings place MLP Group just below investment grade, a position that reflects both the company’s strengths in logistics development and the inherent risks associated with its growth model. The stable outlooks from Moody’s and Fitch suggest that, barring a major shift in market conditions or company performance, the ratings are not expected to change in the near term.