MLP Group S.A.

Award: Warehouse Developer of the Year, CEE
Name of company: MLP Group S.A.
Name of President or Managing Director for the region: Michael Shapiro
Countries in which company operates: Polska
Value of the projects: 924,000,000
Size of the projects (GLA): 720,000
Short description of company: MLP Group operates since 1998 and currently is one of the leading developers of warehouse and production space in Poland. MLP Group currently runs 5 logistics parks in Poland.
Please say why your company should be considered for the award.: In the first half of 2013, the MLP Group signed new lease agreements covering a total of 48 thousand square meters of warehouse and manufacturing space. Two of five parks (MLP Pruszków I and MLP Tychy) are almost fully leased out.MLP Group is also the 1st developer to become listed on the Warsaw Stock Exchange. The value of real properties held by MLP Group S.A. continues to grow strongly. At the end of H1 2013, it was PLN 924 million, significantly more than the PLN 240 million registered at the end of 2006. The increase in property value is closely linked to the growth of leased warehouse and production space. The Group has been steadily increasing the scale of its business. In 2012, its consolidated revenues reached PLN 86.1 million, up by 15.8% from 2011 and by 26.7% from 2010. In H1 2013, MLP Group S.A. earned revenues of PLN 45.4 million, increasing by 8.4% from the same period in 2012. Cash flow on operating activity was PLN 51.9 million in 2012 and PLN 26.7 million in H1 2013.
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