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Name of the company
MLP Group
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Name of President or Managing Director for CEE
Radosław T. Krochta
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Profile of President or Managing Director for the CEE region
Radoslaw T. Krochta has over 25 years of professional experience gained in Poland, Europe, and the US. Under his leadership, MLP Group has evolved into a European Green Industrial Real Estate logistics platform. The Group’s strategic focus centres on sustainable development, setting new standards within the warehouse industry. MLP Group continues its rapid expansion, maintaining a robust tenant portfolio, an impressively low vacancy rate, and a strong average lease length.
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Projects completed between July 2022 and June 2023
-
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Size of the projects completed between July 2022 and June 2023 (GLA)
185891
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Portfolio of all completed properties currently held by your company
The Group’s existing portfolio comprises 21 logistics parks across four countries in Europe. This encompasses 14 strategically located logistics parks in Poland (MLP Business Park Poznań, MLP Czeladź, MLP Gliwice, MLP Gorzów Wielkopolski, MLP Łódź, MLP Lublin, MLP Poznań, MLP Poznań West, MLP Pruszków I, MLP Pruszków II, MLP Teresin, MLP Wrocław, MLP Wrocław West, MLP Zgorzelec), five logistics parks in Germany (MLP Business Park Berlin, MLP Spreenhagen, MLP Business Park Schalke, MLP Idstein, MLP Unna) and one logistics park in each of Romania (MLP Bucharest West) and Austria (MLP Business Park Viecca). The Group specialises in the development of two types of warehouse space formats: ‘big-box’ warehouse facilities and City Logistics facilities branded as MLP Business Park.
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Value of the projects currently held by company (in EUR)
850835000
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Size of the projects currently held by company (GLA)
1066146
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Properties sold between July 2022 and June 2023
In keeping with its build & hold strategy, MLP Group retains completed logistics parks in its portfolio and manages them.
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Value of the properties sold between July 2022 and June 2023 (in EUR)
0
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Size of the properties sold between July 2022 and June 2023 (GLA)
0
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Projects in progress
-
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Value of the projects in progress (in EUR)
-3
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Size of the projects in progress (GLA)
121673
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Projects in the pipeline
-
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Please say why your company should be considered for the award
MLP Group sets new standards in the development of logistics parks while maintaining its strong commitment to environmental stewardship. All its new projects undergo BREEAM certification, achieving Excellent or Very Good ratings or DGNB Gold or Platinum (in Germany and Austria). All these measures are geared towards the target of achieving zero carbon emissions. Simultaneously, the Group is experiencing remarkable growth in its scale of operations. In the first six months of 2023, its revenue from operations and FFO (funds from operations) surged by over 50% year on year, reaching PLN 185.7m and PLN 58m, respectively. The value of its investment properties reached PLN 4.3bn, with net assets (NAV) standing at PLN 2.4bn. The Group has 1.07 million sqm of completed space, with 97.4% occupancy across all its assets. The development potential of its existing landbank is close to 1.8 million sqm. The average lease length is 7 years, with the retention rate at 100%.
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Company website
https://mlpgroup.com/
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