Name of company
LCP Properties
Name of President or Managing Director for the region
James Fife
Profile of President or Managing Director for the region
Embarked on his journey with LCP in 1994, appointed as a director in 2004. In 2005, LCP took a significant stride by expanding its operations into PL. He was entrusted with the role of CEO of LCP Properties Poland in 2007, responsible for all projects in the country (developments & acquisitions).
Description of company and team
LCP represents the CEE region through its strong focus on operations in Poland. The local Polish team consists of 57 employees.
Office projects included in the portfolio
Multipark Bydgoszcz (office building is a part of the Bydgoszcz’ complex. The total GLA of this property is 6,000 sqm.
The value of office properties held by investor
8200000
Retail projects included in the portfolio
LCP retail portfolio in Poland grew over the years to over 90 properties, mostly thanks to acquisitions. On top in 2023 first M Park development projects has been delivered to the market. Currently the company has 45 M Park opened in Poland + EMKA shopping center, company's biggest retail project.
The value of retail properties held by investor
460000000
Warehouse projects included in the portfolio
SBU Bydgoszcz – 5,000 sqm GLA
Multipark Bydgoszcz (big box) – 27,000 sqm GLA
SBU Zabrze – 5,000 sqm GLA
LCP plans further development of SBU units in coming years to over 50 locations with over 350,000 sqm of leasable space.
The value of warehouse properties held by investor
33700000
PRS projects included in the portfolio
None
The value of PRS properties held by investor
0
Why the company should be considered for the award
With secured financing and programmatic joint ventures with developers, investors and occupiers LCP has not only remained focused on the retail park and industrial markets but has also grown at a considerable rate, with an ambition pipeline of future developments.
Future plans
LCP plans to double its portfolio value in Poland in the coming years which currently is valued circa EUR 500 million. LCP plans to become the largest retail park operator in Poland with M Park brand, whilst the Multipark brand within the industrial market is set for rapid expansion to 50 locations.
