Sector / company profice
Sustainable warehouse developer
Name of the President or Managing Director
Hadley Dean, Founder
President's or Managing Director's profile
Hadley has been successfully operating in Poland for over 20 years where he is recognised for growing businesses and consistently outperforming the market place.
Before establishing MDC² he used to hold the role of the founding CEO of EPP – the largest owner of shopping centres in Poland (EUR 2.6bn of GAV). Prior to EPP he was a Managing Partner for Eastern Europe for Colliers International where he built the best logistics and industrial space agency business in Central and Eastern Europe.
Countries in which company operates
Poland
Description of the entry into the Polish market
MDC2 is the Polish company. Its founders, Hadley Dean, Jeremy Cordery and Maciej Madejak have been working in the industrial property market for over the last 20 years developing the fundamentals and growing the new economy market into what it is right now. The partners have decided to establish the industrial development business which is sustainable and which lead the change in the whole real estate industry. The company strategy is to focus on one country, Poland; one market - industrial and logistics real estate and one team - a core team of 20 team members who are all experienced in development of the industrial properties in Poland.
The orgins of the company and how it started out
One of the exciting things about setting up a new business is that you can start it as you want it and build it as you want it. This is exactly what was behind the thinking when setting up MDC2 - which is a common venture 3 partners. MDC2 is an answer to the need for absolute transparency in the marketplace. What investors and tenants want is complete transparency on costs, to be able to see how the business works. So we took a lot of what we learned in the public markets and have put it into a private development business, which has an international focus. What this means is that there is real governance and real structure. Investors and tenants are responding very well to it. During almost 18 months we were able to grow the team and the business bearing in mind a volatile times we all are facing.
How much the company has invested in entering the Polish market
xxx
What differentiates the company's products/services from the competitors?
We manage construction, rent space, source land and develop sustainable and modern logistics buildings throughout the country which is green from the very beginning of the development process. Our goal is simple – to be the developer that leads the change in the Polish market place by being sustainable, transparent and behaving with integrity. We are developing our company based on three main pillars: one sector, one market, one team.
MDC2 is effectively a start-up that has become a scale up. We're attracting listed companies and major institutional investors who actually want to see that change.
Notable achievements to date
- Three ongoing industrial developments, MDC2 Park Łódź South, MDC2 Park Gliwice and one to be announced soon - with three different forward funding partners launched in 18 months since the start of the business.
- Building the team of 20 seasoned professionals who are the market experts with average 15 yrs experience in development. leasing and marketing A class industrial and warehouse projects.
Plans for the future
- To continue development of the greenest logistics properties in the Polish market serving the future generations of tenants;
- Achieve 10% market share with 250,000 m pa of new development
- Developing 2.9m sq m by 2032 across 49 sites
