Name of the company
MLP Group S.A.
Name of President or Managing Director for the region
Radosław T. Krochta
President or Managing Director for the region profile
Radosław T. Krochta has many years of experience in finance and management, gained in Poland, Eastern Europe, and the United States. He has been with MLP Group since 2010. Under his leadership, the Company has rapidly expanded its scale of operations. New records have been broken in the last 12 months, with lease contracts signed for over 200,000 sqm of commercial space. Logistics parks in Poland are being successfully developed, and business expansion is also pursued in Germany and Romania.
REGIONS ACTIVE IN (IN WHICH COUNTRIES THE COMPANY OPERATES)
MLP Group operates in the core markets of Poland, Germany and Romania. The company operates thirteen operational industrial parks in Poland, and has one park under construction, in Bucharest. With the operation and development of the 12.5 ha property in the MLP Unna Logistics Park, the expansion efforts in Germany are now gaining momentum. Further projects, which are already being planned, will be located in the regions of Berlin, the Ruhr area, in the Rhineland around Mönchengladbach, and in the Greater Munich area. MLP Group plans to establish a foothold in the Austrian market, near Vienna Airport.
Projects completed between October 2018 and September 2019
MLP Group has successfully completed the construction of the MLP Lublin logistics park this year. The third and last warehouse hall has been delivered. As a result, the logistics centre reached its target size of about 45,000 sqm. The facilities have been fully leased out, and are currently occupied by three tenants.
The construction of facilities totalling almost 100,000 sqm was completed between the fourth quarter of 2018 and the third quarter of 2019.
Value of the projects completed between October 2018 and September 2019
NDA
Size of the projects completed between October 2018 and September 2019 (GLA)
97500 sqm
Portfolio of all completed properties currently held by your company
MLP Pruszków I, size: 170 695 sqm, Fair value: EUR 88 750 000
MLP Pruszków II, size: 154 895 sqm, Fair value: EUR 118 480 000
MLP Poznań size: 48 351 sqm, Fair value: EUR 32 470 000
MLP Lublin, size: 45 776 sqm, Fair value: EUR 29 150 000
MLP Teresin size: 37 954 sqm, Fair value: EUR 16 790 000
MLP Gliwice size: 35 564 sqm, Fair value: EUR 23 890 000
MLP Wrocław size: 25 407 sqm, Fair value: EUR 20 730 000
MLP Czeladź size: 18 681 sqm, Fair value: EUR 18 440 000
MLP Poznań West, Fair value: EUR 10 310 000
MLP Unna size: 48 096 sqm, Fair value: EUR 7 620 000
MLP Bucharest West size: 12 232 sqm, Fair value: EUR 12 742 000
Value of the projects currently held by company (in EUR)
Investment property (Fair value) EUR 379 372 000
Size of the projects currently held by company (GLA)
594300 sqm
Properties sold between October 2018 and September 2019
MLP Group doesn’t sell its investments. In line with the ‘build and hold’ strategy, MLP Group develops projects for the long term, keeps them in portfolio and manages them on a daily basis to ensure the highest quality and level of service. This is what sets up apart from competitors in the warehouse market.
Value of the properties sold between October 2018 and September 2019 (in EUR)
NDA
Size of the properties sold between October 2018 and September 2019 (GLA)
NDA
Projects in progress
In H1 2019, the Group was engaged in the construction of projects with a total area of 53,549 sqm, with a further 58,930 sqm under preparation, so the total area of the projects was 112,479 sqm. MLP Group focuses on expanding its existing logistics parks in Poland and abroad (i.e. building warehouse space on its land) and on building built-to-suit projects outside the existing parks. The Group also looks for attractive land for the development of new logistics parks.
Value of the projects in progress (in EUR)
NDA
Size of the projects in progress (GLA)
112479 sqm
Projects in the pipeline
NDA
Please say why your company should be considered for the award
MLP Group is a leading developer of commercial space. The Company is rapidly expanding its logistics parks in Poland and abroad, particularly in Germany, where it plans to develop its operations in a few locations, including sites near Berlin, Cologne, Koblenz, and Mönchengladbach. For instance, MLP Business Park Berlin I will be a small business unit (SBU) project, in line with trends in urban logistics, i.e. last mile delivery. In the second half of 2019, MLP Group plans to enter the Austrian market with a project located in the vicinity of the Vienna airport. In line with its ‘build and hold’ strategy, MLP Group builds development projects to manage them on a daily basis and keep them in the portfolio over a long term. This guarantees the highest standard and quality of service, which sets MLP Group apart from its competitors on the warehouse market.